What are mortality charges? Do I have to pay them?

-Sponsored Ads-

Mortality charges are a component of the life insurance premium. At the time of buying life insurance, the insurer adds a charge for insurance benefits on death and to make up for some expenses. It can be defined as an insurance cost deducted by the insurer from your policy every month. This is not applicable to health insurance so, no, you do not pay mortality charges in a health insurance policy.