Return-of-premium policies refund every premium if you outlive the time period provided. However, these policies cost ______ than traditional term life.

Return-of-premium policies typically cost more than traditional term life insurance policies. This is because they offer not only the death benefit but also a refund of the premiums paid if the insured survives the term of the policy. The increased premiums reflect the additional benefits provided by the return-of-premium option. In contrast, traditional term life insurance only provides a death benefit if the insured dies within the specified term, without any reimbursement of premiums paid. As a result, the surge in cost for return-of-premium policies can be significant, often making them a more expensive choice for consumers who are considering their life insurance options. It's essential to evaluate your personal financial situation and long-term needs when deciding between these types of policies.