What does flat extra mean in life insurance?

What does flat extra mean in life insurance?

A flat extra is an additional premium charged by life insurers. The flat extra represents the excess mortality risk of your medical condition, occupation, or avocation. Flat extras are added to a policy during underwriting. The cost is indicated as a rate per $1,000 of coverage.

See also  Do you pay copay after out-of-pocket maximum is met?