Compare Life Insurance Quote — A Trick Carriers Don’t Ever Want You To Find Out
January 16th, 2010
Are you all set to compare life insurance quote or rates? Here’s one thing to take note of: You can reduce your costs considerably and obtain affordable life insurance quotes by downgrading the quality of coverage you enjoy. That’s NOT good. Here’s a safer way…
During a medical exam, a man told the medical specialist that he smoked a cigar about only once a year to mark special occassions. His thought was that since he just smoked about just once a year and made this known to the medical examiner, this would NOT have any negative effect on his life insurance premium.
The rates he received showed that his insurance carrier had a different view of his ocassional smoking. They gave him a rate that was so high it was roughly two times as high as rates given to non-smokers.
He could have just settled with the rate given to him just like some people do. Nevertheless, he did otherwise: Taking a cigar once yearly did not put him in the same position with two-pack-a-day smokers
He wrote the insurance company demanding that they offer him a non-smoker’s rate on account of the fact that he only smoked about once a year To cut a long story short, he finally had his rate lowered by up to 50% after weeks of bargaining
Believe it or not, competition in the life insurance niche is stiff You can, and should, benefit from this any time you feel you have a valid reason that entitles you to paying less Every insurer would gladly offer you lower premiums if that will earn them your business but still compensate them enough for the risk they will carry by insuring you
Always remember that if you have cogent reasons to believe you really should get cheaper rates, don’t be afraid to ask your insurance provider. However, make sure that you do NOT change the facts to make yourself appear to be a better risk than you are You will be at the mercy of your life insurance carrier if you give them false details about yourself as they are free to NOT pay according to policy terms if information you gave during application is untrue.
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