A lot of folks only wish they could reduce what they pay as health and life insurance premiums. Thankfully, there are ways that would help anybody get lower rates. I’ll share a few ways in this article.
Like every other insurance policy, your rates are determined based on several factors. Every uses them to decide what you’ll pay based on the perceived risk in insuring you as shown by those factors. The following things make you a life insurance risk to an insurer thereby increasing your rates.
If you’ve smoked in the last 12 months you’ll pay more. If you still smoke till date or use any tobacco product, prepare to pay much more. I won’t be giving you any new information if I tell you that smoking is the direct cause of many diseases and makes others flourish.
Smoking is a habit that could be broken if you really mean it. People have succeeded in the past and so can you too. You only need to check groups out there that are committed to helping smokers quit smoking and you’ll get all the help you need. You’ll be doing yourself a lot of favor by reducing the chances that you’ll be a victim of certain killer diseases that are facilitated by smoking and/or tobacco use. And, yes, you’ll get lower life insurance rates.
Sports like skydiving, car racing and other dangerous sports make you a very high risk. Anything that makes you a high risk increases your life insurance rates. You have a choice between getting lower rates and indulging in such sports. If you want my candid opinion: I do think there are safe ways to get the rush (Go on a crazy ride in an amusement park, for example).
Occupations that expose you to great risks increase your risks accordingly. Changing to a safe profession will lower your life insurance rates.
While you do these other things to lower your rates, here’s what to do to get lower rates now. Visit reputable quotes sites that cover life insurance and get quotes. Visit at least three of such sites for the best results. It’s free, quick and easy.
Make sure you give your correct details as you fill the questionnaires presented. The last step is to simply pick the best price/value from the quotes return.