Hi all, I reckon i'm getting fleeced by my insurance co... 15 years ago (42 yo) took out a policy for 150k, 32 dollars a month premium , inflation or 3% adjustment built into both. now with a bit of age i expect a few changes in the premium on top of the inflation but today the insured amount has grown to 232k and the premium is $162 a month - so policy value has gone up 55% but the premium has gone up 500%. how does this compare to others in their mid to late fiftys?
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