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Best Term Life Insurance Rate — A Tip Carriers Don’t Tell You
January 14th, 2010 by admin
You can lower your costs dramatically and attract the best term life insurance rate by downgrading the scope of coverage you get. That’s NOT good. There’s a safer way…
During a medical exam, a man told the doctor that he smoked a cigar about only once a year to mark great moments. He was sure that because he had made it known that he only smoked a cigar once annually to celebrate special events, it won’t be a problem
The rates he was given showed that his insurer had another opinion of his ocassional smoking. His rate was over twice as much as non-smokers’ rates
Ordinarily everybody would accept their fate and the rates they get if they believe the insurance company in question has a good reputation Nevertheless, he did otherwise: Taking a cigar once yearly didn’t make him as bad a risk as two-pack-a-day smokers
He wrote the insurance provider demanding that they give him a non-smoker’s rate since he only smoked about once anually His reason was finally accepted by the insurance carrier and his rate was lowered by fifty percent.
Believe it or not, competition in the life insurance niche is fierce For people who have a good case, use this to your advantage. Insurance providers are only interested in ensuring that your premiums shows your risk to them
Therefore, don’t be afraid to bargain if you think you really do have a case This doesn’t imply in any way that you should present cooked-up details in other to negotiate a better rate. Doing so could compromise your life insurance policy because your insurance provider could simply decide to pay your beneficiaries the sum of premiums paid plus accumulated interests only