One of the most common reasons that people don’t have the life insurance that they need is because they are afraid of how much they premiums are. They assume that it’s not worth the expensive rates for an insurance policy that you’re never going to use. Not having life insurance could be one of the worst mistakes that you make for the future of your family.
In most cases, our clients are surprised to see just how affordable their life insurance policy is going to be. Regardless of your age or health, it’s possible to get cheap life insurance that will give your family the protection that they need.
Smoking is hands-down one of the worst things that you can do if you’re trying to get the cheapest life insurance available. If you’re a smoker, you are at a much higher chance of being diagnosed with severe health complications, which means you present a much greater risk to the insurance company. They are going to offset that risk by charging you drastically higher premiums.
In fact, smokers are going to pay at least twice as much every month versus what a non-smoker is going to pay for life insurance. With some companies, smokers can pay as much as three times as much. Over the course of the insurance policy, that’s thousands and thousands of dollars. If you want to save big time, you need to kick those cigarettes to the curb.
Not only is the insurance company going to look at your health and tobacco usage, but they are also going to be interesting in your weekend hobbies as well. If you like to participate in adventurous hobbies like skydiving or scuba diving, then you’re going to be facing much higher premiums. If you want to save money on your life insurance, it’s time to find some calmer hobbies to enjoy on the weekend.
One thing that most applicants don’t realize is that when you apply for life insurance, the company is going to pull your driving records, and your driving records are going to impact your life insurance plan. If you have any speeding tickets or accidents on your driving record, then the insurance company is going to charge you much higher premiums for your life insurance plan.
If you want to save money, it’s time to lay off the gas pedal on your way to work every morning. Leaving a little earlier for work will not only ensure that you don’t have to pay expensive speeding tickets, but you’ll also save money on your life insurance plan.
Binge Watching Netflix
Who doesn’t love to come home from a long day of work to sit down in front of the TV and enjoy their favorite show? There is nothing wrong with binge watching your shows, but the longer that you sit, the more likely you are to become overweight and be diagnosed with diabetes. Several studies have shown the negative impact that sitting on the couch for several hours can have on you.
Instead of sitting on the couch for hours and hours, hit the gym after work or go for a walk around the block for you plop down on the sofa.
Traveling the World
This one might surprise a lot of you, but if you go overseas a lot, then you could be facing much higher insurance premiums. The more that you travel, the more risk that you’re at for having an accident or catching a disease.
There is nothing wrong with seeing all of the beautiful places on your bucket list, but you should be aware of the fact that it’s going to cost you more every month.
Getting Cheaper Life Insurance
There are several ways that you can get cheaper life insurance coverage. Making a few simple changes can save you thousands of dollars on your life insurance coverage.
The first thing that you should do is improve your overall health. Before the company approves your application, they are going to require that you take a medical exam. The results of the medical exam are going to play a significant role in how much you pay every month. If you want to save money, you need better results from the medical exam.
The two best ways that you can do that are by getting regular exercise and starting a healthy diet. Both of these are going to help you lose weight, lower your blood pressure, and reduce your risk of being diagnosed with severe health complications, like diabetes or cardiovascular problems.
The best way to ensure that you’re getting the lowest rates is to work with an independent insurance brokers, like ours at LifeInsuranceForAccountants.com. Unlike a traditional insurance agent, our brokers work with dozens of highly rated companies across the nation, which means we can bring all of the best plans directly to you. If you tried the search on your own, you could spend weeks and weeks doing all of the work that would could do for you in a matter of minutes.
We know that nobody wants to think about anything tragic happening to themselves, but not planning for the inevitable is one of the worst mistakes that you could possibly make for your family members. If you have any questions about getting the most affordable life insurance available, please contact one of our agents today. We would be happy to answer any questions that you have and connect you with the best policy to meet your needs.