mortality charges

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Mortality Charges

Mortality charges refer to the fees or costs associated with life insurance policies. These charges are based on the likelihood of the insured person dying during the policy term.

Example sentences:

The mortality charges for this life insurance policy are quite reasonable considering the coverage it provides.
Insurers often calculate mortality charges based on the age and health of the policyholder.
John was surprised to learn that the mortality charges for his life insurance policy had increased due to a change in his health condition.

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