Premiums usually increase each year.
The older you get, the more likely you are to die, so the premium goes up accordingly. You can choose to renew the contract annually, up to age 100. Once you have the contract, your ART policy cannot be cancelled as long as you pay the scheduled premiums. Your Lutheran Brotherhood district representative will do a free analysis of your insurance and financial needs and provide assistance in selecting the best type of life insurance to fit your situation. This contract has exclusions, limitations, reductions of benefits and terms under which the contract may be continued in force or discontinued.