Whole Life Insurance Tips - How To Lower Your Rates
By: Chimezirim Chinecherem Odimba
A whole life insurance policy is normally an additional strain on an already tight budget. I am sure you'd love to get one that gives you enough protection at the lowest rates possible. I will give some tips that will guarantee savings...
1. Life insurance is cheapest at the lowest age group. So get yours while you're young. A 60-year-old is more likely to die sooner than a 40-year-old. And, the more the likelihood that someone will die in a little while, the more such a person's life insurance rates.
2. Sports like skydiving and bike racing and others make you a very high risk. Those sports come with a hefty price tag as far as life insurance is concerned. You can choose between getting lower life insurance rates and continuing with such sports.
3. Quit smoking for up to thirteen months and then reapply. This will lower your rates.
4. Quit if you're involved in a dangerous occupation. It reduces your risk to insurers and so quitting lowers your whole life insurance rate.
Before we go to the last tip let's make something very clear...
You need to choose a company that has built a strong reputation in life insurance. Don't use any insurance company that has a poor rating. You can visit (online) your state's Department of Insurance to find out an insurance company's standing.
5. You could save several hundreds or even a few thousand dollars by just receiving life insurance quotes from at least three quotes sites. This will take you not more than 15 minutes. Make sure that you give the same (correct) information about yourself at each site visited. Furnishing false details will give you misleading results.
If you do this correctly all you'll then have to do is pick the lbest quote for you from the list of quotes you've obtained.
About the Author:
Here are my favorite pages for life insurance quotes...
InsureMe Life Insurance Quotes
Publishers can get unique versions of my articles by following any of the links above. Click on "To Use My Articles" when you get to my site.
Chimezirim Odimba writes on insurance.
This Article is Brought to you by:
Article Sponsorships Available
Short description about your link.
Add your link here
Article Sponsorships Available
Short description about your link.
Add your link here
Life Insurance Tips Related Articles:
When Should You Choose Term Insurance Instead of Whole Life Insurance?
"Different strokes for different folks." When it comes to life insurance, it's important that you keep that saying in mind. Most people are familiar with "whole" life insurance. Thi...
By: Ethan Lewis
Positive Aspects of Whole Life Insurance
Nearly every form of life insurance has pros and cons. Here, we look at the positive aspects of whole life insurance. A discussion of the positives of Whole Life Insurance could very well begin wit...
By: Bary Waxler
Burial Insurance - Planning For End of Life Expenses
It might be a little uncomfortable for you to think about your own funeral, but try to be practical just for a second and think of all the decisions that you would not be there to make about this somber ev...
By: Mark Prip
Updated Life Insurance Related News:
(Corrects paragraph 11 to clarify CEO comments on proceeds from Asian sales) By Denny Thomas HONG KONG (Reuters) - Global insurers Manulife Financial Corp, Metlife and Prudential Financial Corp are am...
ING's Asia life insurance sale shifts into top gear
By Denny Thomas HONG KONG (Reuters) - Global insurers Manulife Financial Corp (MFC.TO), Metlife (MET.N) and Prudential Financial Corp (PRU.N) are among suitors expected to place first-round bids on Fr...
Manulife, Metlife submit bids for ING Asia sale: sources
Manulife Financial Corp and Metlife are among the companies that have submitted first round bids for ING's entire Asia life insurance business, sources said on Saturday, in what could be the large...
Guardian Life Announces Strong 2011 Performance
The Guardian Life Insurance Company of America today announced that the company delivered strong results in 2011, achieving solid financial and investment performance, g
Life Insurance Providers Could Benefit by Increasing Outreach and Education, ...
NEW YORK, May 17, 2012 /PRNewswire/ -- A prime reason many uninsured individuals don't have insurance coverage is that no carrier has invited them to purchase their products, according to a Deloit...
Online Insurance Marketplace Specializes in Selling Family Life Insurance
Online Insurance Marketplace ( /go.php?url=http://www.onlineinsurancemarketplace.com ) announces a new section on their site, tips for buying family life insurance. (PRWeb May 18, 2012) Read the full story at htt...
10 ways to save money on life insurance
Read the Spanish version: 10 maneras de ahorrar dinero en tu seguro de vida Just as there are different life insurance plans to meet your needs, there are different ways to save money on
Reports: Bidding Deadline For ING's Asian Life-insurance Arm On Friday
Reports: Bidding Deadline For ING's Asian Life-insurance Arm On Friday
KB Financial, Korea Life Insurance Submit Bids For ING's Korean Operation...
South Korea's KB Financial Group Inc. (105560.SE) and Korea Life Insurance Co. (088350.SE) submitted separate bids to buy ING Groep N.V.
Annual Eastbridge Study Finds Life Insurance Sales Had an Increase for the Th...
Total 2011 voluntary sales for all products was $5.478 billion , according to Eastbridge?s annual U.S. Worksite/Voluntary Sales Report.
