Increasing term

Term Policies: Increasing Term
Description	Premiums	Cash Value	Advantages	Disadvantages	Uses
Increasing protection over the term (often as rider to another policy)	Usually will go up to reflect increased insurance coverage	None	Amount of protection increases over time	Coverage (and resulting premium increases) may increase beyond the need	As counter to erosion of policy proceeds by inflation; Assured purchase of more insurance without evidence of insurability