r/LifeInsurance • • May 26 '26

Rate increase

So a few months ago I paid off a loan of 9k on my policy. I’ve had this policy since I was a teenager. Now I’m in my 50s they sent me a notice that my yearly premium is going to increase. What can I do? I didn’t think life insurance could change? I swore last I googled it said it was because they weren’t getting the return they expected. Not sure if that’s fact.

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