When you’re shopping for life insurance coverage, one of the most important factors is how much you’re going to pay in monthly premiums. One of the most common reasons that Americans don’t have life insurance is because they assume that a plan is going to be too expensive, but in most cases, that couldn’t be further from the truth.
Life insurance is one of the most important purchases that you will ever make for the future of your family. It’s one of the only ways that you can ensure that your loved ones are going to have the money that they need, regardless of what happens to you.
When you’re shopping for insurance coverage, there are several things that you can do to ensure that you’re getting the lowest insurance premiums. It’s important that you get the quality insurance coverage at the best price.
Term life insurance is going to be the most affordable option for life insurance coverage, but there are still some ways that you can secure even lower premiums. Making a few simple changes could save you thousands and thousands of dollars.
One of the best ways to secure lower insurance premiums is to cut out any tobacco that you currently use. If you’re classified as a tobacco user on your life insurance application, then you’re going to be facing much higher premiums. If you smoke or use chewing tobacco, you’re going to pay at least twice as much for your insurance policy versus someone that doesn’t use tobacco. If you want to save money and get the cheapest life insurance plan possible, then it’s important that you cut out the cigarettes as soon as possible.
Use an Independent Insurance Agent
The best way to get the cheapest term life insurance plan is to compare dozens and dozens of plans before you pick the best term insurance policy. Each insurance company is different, and all of them are going to view your application differently. That means that you could get drastically different rates depending on which company that you get the quote from. In fact, finding the perfect company could be the difference in getting an affordable plan or buying a plan that’s going to break your bank every month.
There are hundreds and hundreds of different life insurance companies across the nation, which means you could spend weeks calling different agents to find the best plan for you. Instead of wasting hours and hours on the phone, let an independent insurance broker do all of the hard work for you. Unlike a traditional broker, independent agents work with dozens and dozens of highly rated companies across the nation.
Working with an independent agent will allow you to get dozens of highly rated quotes instantly. An independent agent will save you both time and money on your life insurance search.
Get in Shape
When you apply for a term life insurance policy, the insurance company is going to require that you take a medical exam (unless you buy a no exam plan), and the results of that exam are going to impact how much you pay every month. If you want to save money, then you need to get better results from the health tests.
The two best ways that you can do that are by starting an exercise program and making healthier dietary choices. Both of these can help you lose weight, lower your blood pressure, and reduce your chances of being diagnosed with severe health complications. Being overweight when you apply is going to cause your premiums to jump by 50% or more. If you want to find the cheapest term life insurance plan, it’s time to lace up those running shoes and start hitting the gym.
Term Life Insurance
Not having life insurance is one of the worst mistakes that you could ever make for your family. If something tragic were to happen to you, and you didn’t have life insurance coverage, your family would be left with a massive amount of debts and other final expenses. Losing someone that you love is never going to be easy, but being responsible for a mountain of debt is going to make the situation that much worse.
Because you never know what’s going to happen tomorrow, you shouldn’t wait any longer to get the insurance coverage that your family deserves. Don’t wait another day to get an affordable term life insurance policy.