Trying to find the lowest life insurance rates on the internet can be very confusing and time consuming. The reason for this is simple, when you are trying to locate the lowest priced life insurance quotes you need to have life insurance knowledge and experience. If you’re not an insurance professional, all you will normally accomplish is chasing your tail for a few weeks and then many people just give up the search. There is much more involved than running a few website quote engines.
1. The first and most important step is to find an experienced independent life insurance agent that represents the most competitive life insurance companies to help you.
Trying to find the lowest Term, Whole Life or Universal Life insurance products without an agent for all practical purposes is like driving a car down a dead end street you’re going nowhere. Most people today are looking for Term life insurance because of its low cost so this is the main plan design we will be talking about in this post.
Comparing Term life insurance quotes on a website quote engine is simple and will quickly point you in the correct direction if you are very healthy that is. If there are any negative points to consider such as smoking, health conditions, an overweight situation, bad driving record or a history of major health problems such as Cancer or heart disease concerning your parents the ballgame can change quickly.
This is where your agent experience comes into play. Even the sports you are involved in or you occupation can easily come into the picture and cause a snag in your plans. Agents can help you work around obstacles like these and save you a lot of headaches. Also the help you receive from an agent is totally free and without any obligation.
2. The use of instant quoting tools such as a quote engine is a great way to compare affordable Term life insurance quotes.
As I had mentioned before the quotes engine are a fantastic way to compare Term life insurance quotes online but they might not be the answer if you have medical conditions or other complicating circumstances. If you do not know what rate class you will qualify for then you could very easily be looking at inaccurate numbers.
It is very common for me to see people that are drastically overweight, have high blood pressure and high cholesterol and are looking at a Super Preferred rate class. The average consumer just does not know any better because he or she does not have the experience and training needed to make these judgment calls which is only normal. An agent can help you eliminate running into one of these brick walls.
3. If you planning on purchasing Term life insurance and use any forms of tobacco products, a pre-screen will help choose the most applicable company.
Depending on what tobacco product you use such as cigarettes, cigars, pipes, snuff or chewing tobacco and how much you use will determine what company will be the best fit for you. All the carriers have a different attitude towards the various tobacco products that you may be using. We utilize over 40 of the most competitive and trusted life insurance companies which gives us the advantage to find our clients the lowest term life insurance premiums for smokers.
Keep in mind that Term life insurance premiums for smokers can be over 200% than non-smokers rates. If you smoke cigarettes and you want a non-smoker premium, you will have to be off the cigarettes for at least one year.
4. Whenever you apply for life insurance you will have a para-med visit and your blood pressure and cholesterol will be tested.
When you are expecting your para-med visit use some common sense and don’t drink coffee or tea before the nurse comes over because it will give a high blood pressure reading from the caffeine you were drinking. This will give the test a reading of high blood pressure when your blood pressure in reality may be usually normal. Once the test results are given to the underwriting department, an underwriter will be processing the application with high blood pressure in mind.
To reverse that decision will take a lot of explain and medical records to support your statement as you have normal blood pressure. The same thing goes for the cholesterol test and eating an unusual amount of high cholesterol food products such as Pizza and French Fries a day or two before your blood test.
5. Always tell the truth on your Term life insurance application and never conceal any information that you believe will help your application.
If there is anything on your medical history do not attempt to conceal it or give misleading information because you think it will help you to get a lower rate. This is a sure fire way to get your goose cooked. The insurance company will find out about your omission and just terminate your application before it even got off the ground.
This will also create a record of your application where other insurance companies you go to apply with will know your application was closed out to hiding conditions and fibbing on you application. In other words a red flag will be visible by other life insurance companies.
These 5 tips for finding the lowest life insurance rates are instrumental to finding the lowest Term life insurance rates when you ready to apply.
If you are looking for Term life insurance with the lowest rates contact us 7 days a week and we can help find the very best life insurance plan for your needs at the lowest possible premium.
Here is a list of the states we do business in where we help people find the most affordable Term life insurance.
Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming, District of Columbia