Lower Your Life Insurance Rate in 3 Easy Steps
So you’re ready to start comparing life insurance rates but you fear that you might face some pretty high premiums? We’re here to tell you that there are plenty of things you can do to lower the life insurance rates available to you. For simplicity’s sake, we’ve outline the 3 steps you can take to have the greatest impact on your out-of-pocket-cost.
Stop Tobacco Use
You’ve heard it time and time again, for a multitude of reasons, if you use tobacco products – Quit! The long term health complications of tobacco use are incredibly dangerous, making tobacco users of high risk to life insurance companies. That’s right, insurance companies consider tobacco users at a much higher risk of death than the rest of the population. Forget about life insurance rates for a minute and think about your health. We encourage you to quit for your health and consider your life insurance savings a bonus.
Lose those Extra Pounds
Carrying extra weight, particularly around your stomach, puts you at a much higher risk of heart disease. For this very reason, insurance carriers charge higher life insurance rates to those with unhealthy height to weight ratios. If you’ve been having trouble finding the motivation to lose those extra pounds, perhaps saving on your life insurance rates will do the trick. Not convinced? Ask your life insurance agent to explain how much you stand to save if you lose those extra pounds.
Consider Annual Premiums
Though this may not be affordable for everyone, paying your premiums annually can equate to major savings on your life insurance rates. Again, this is a great option to discuss with your life insurance agent. Ask them to crunch the numbers and help you understand how much you can save. When you see the figure you just might decide that it’s well worth it.
By taking these 3 steps you can uncover some major saving on your life insurance rates. Got questions? Let one of our licensed life insurance agents help you compare your options. Together you can review life insurance rates and secure the affordable coverage you’re seeking.
Want more tips and tricks to lower your life insurance rates? Follow the IntelliQuote Life Insurance Blog for the news and insights you’re looking for – while you’re here, check out these recent posts:
What New Parents Need to Know About Life Insurance Coverage
Term Life Insurance: Closing the Gap in Your Retirement Plan
Ready to compare life insurance rates? Request a life insurance quote today!
A leading online life insurance agency since 1997, IntelliQuote provides customers simplified, private access to compare, shop and buy life insurance online, including term life insurance quotes. IntelliQuote offers clients a wide selection of competitive products from A-rated carriers, supported by licensed agents. This simplified approach makes purchasing a policy easy and straightforward while providing a savings of up to 70% per policy. IntelliQuote is a member of the LIFE Foundation and is committed to ongoing consumer education. For information on how to estimate how much coverage an individual might need, contact www.intelliquote.com, or 888.883.6855.