Questions? use the message board.

How To Save On Life Insurance

Many companies advertise the short term rates available to a super preferred non-smoker. These companies may be more interested in selling you an expensive insurance policy than meeting your unique need. Premiums for whole life can run you five to 10 times more than the same amount of level term life.

Don't pay for riders that pad your life insurance bill
Contact your insurer and ask for a rate reconsideration if your health has improved
Check with your employer first, before going out to buy life insurance on your own
Do not turning in your old whole life policy for a new one
Buy in multiples of $250,000
Consider a small or non rated insurer, since they have extremely low rates and overhead
Use an independent agent representing different insurers
Get an idea if you’re a standard or preferred risk
Maintain good weight. If you go to the zoo and the tourists throw you peanuts, you won’t be able to obtain coverage or it will be expensive
Monitor your cholesterol level and reduce your intake of meat, eggs, and butter

Pay your premiums annually

Compare the minimum guaranteed rates, if any