How to Insure Your Income: Reducing The Premium
The policy's premium can be reduced by changing the length of the elimination and/or benefit periods and benefit amounts.
The following chart illustrates these points.
Premium Considerations
| Objective | Action |
| Lower the premium | Reduce the benefit period |
| Raise the premium | Increase the elimination period |
| Increase benefit period | Reduce benefit amount |
| Lower elimination period | Cut optional benefits |
| Increase the benefit amount | Add optional benefits |
