Yes, with Seniors Choice life insurance your monthly premiums will start at a lower amount and will be recalculated each year based on your age and as a result of the 3% automatic benefit amount increase.
You can ask us at any time not to apply the automatic benefit amount increase, in which case your benefit amount will not increase at the next policy anniversary and your premium will rise based on your age only. If you opt out of three increases in a row, the automatic benefit amount increases will be permanently removed from your policy.