Insurance Life (Low Rate Term)

I’ll give you a number of things that will really help you get a very affordable rate for your term life policy. However, just reading them won’t do you much good. It’s implementing them that will help you make huge savings.

1. Get your policy when you are young. And, since you really can’t get younger than you are now, get it as soon as possible. The longer you wait, the higher your rates go.

2. If you are the type that loves motor racing and such dangerous sports you’ll certainly not get a low rate unless you quit. The simple reason for this is that you’re a bad risk to any insurer as long as you take part in such sports.

3. Change your job if it exposes you to many hazards. A pilot will definitely get higher rates than a clerk in a grocery no matter what. If your job is life-threatening then your rates will go through the roof.

4. Quit smoking and you’ll get lower rates. Smokers get rates that are at least twice of non-smokers. Once you’ve quit for more than 12 months reapply and you’ll be eligible for a massive discount.

5. Your Body Mass Index (BMI) is a strong factor that determines your term life insurance rate. By this we simply mean that if your weight is more than normal for your height, sex and age you’ll attract rates that are much higher.

6. Finally, you’ll get a low rate term life insurance policy if you get and compare quotes from many quotes sites. The trick is ensuring that you receive quotes from as many insurers as possible.