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Compare Life Insurance Quote — What Insurance Providers Don’t Want You To Discover
December 22nd, 2009 by admin
There are a number of points that would be of help as you receive and compare life insurance quote or rates. Here’s one: Although you can save and get affordable life insurance quotes by reducing your coverage, it is not advisable if it puts you at risk. There’s a safer way…
There was this man who only smoked a cigar once a year to crown great moment and he went ahead and told his doctor just that. He was sure that because he had made it known that he just smoked a cigar once yearly to celebrate great moments, it will NOT be a problem
The rates he was given showed that his insurer had a different opinion of his once-in-a-while smoking. They gave him a rate that was so high it was about two times as high as rates given to non-smokers.
He could have just accepted the rate he got just like some folks do. Nevertheless, he acted otherwise: Taking a cigar once yearly did not make him as bad a risk as two-pack-a-day smokers
He wrote the insurance company asking that they give him a non-smoker’s rate because he only smoked a cigar about once every year His case was made an exception after weeks of bargaining and clarifications. He got a fifty percent slash in his rate
With the many life insurance carriers out there, competition for prospects can only be very stiff. For people who have a good case, use this to your advantage. If you can convince an insurer that you are NOT as bad a risk as they thought you were, they can reduce your rate.
So if you have a valid reason to ask for lower rates, ask. The worst case scenario is that they won’t reduce your rate Nevertheless, make sure that you do NOT misrepresent 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 provide them with false details about yourself as they’re free to NOT pay according to policy terms if information given during application is untrue.