Stepped vs level premiums: how each works, and why both can rise
Stepped premiums are recalculated for age each year; level premiums start higher and rise more slowly. Why insurers renamed both, and why both can still rise.
Day: October 5, 2026
Financial Planning. Canberra, Sydney, Melbourne
Stepped premiums are recalculated for age each year; level premiums start higher and rise more slowly. Why insurers renamed both, and why both can still rise.