AP Passion at a String Blog

Instant Whole Life Insurance Quote — A Tip Agents Never Share

Even though you can pay less and obtain affordable instant whole life insurance quote by reducing your coverage, it is not recommended if it compromises you and yours. There’s a better way…

A man who smokes a cigar only about once yearly told a doctor that during an examination. His thinking was that since he only smoked about just once every year and made this known to the medical examiner, this would NOT have any negative effect on his life insurance premium.

His insurer had a different opinion and offered him the same rates as if he were a two-pack-a-day man They gave him a rate that was so high it was about twice as high as rates given to non-smokers.

He could have just settled with the rate given to him just like most folks do. He decided that he will NOT let any insurer give him what he sees as an unfair rate that didn’t reflect the real level of risk borne.

He wrote explaining to the insurance carrier and therefore demanded that the give him a non-smoker’s rate. His case reviewed after weeks of negotiating and clarifications. He had a 50% reduction in his rate

There’re many life insurance carriers out there and they’re all competiting for your business You can, and should, use this to your advantage any time you feel you have a good reason that should make you pay less Every insurance carrier would gladly give you more affordable premiums if that will enable them do business with you but still reflect the risk they bear by insuring you

So if you have a valid reason to demand for lower rates, ask. The worst case scenario is that they won’t give you any discount And, while you’re advised to bargain, ensure that you never give details that are NOT true Doing so will compromise your life insurance policy because your insurance provider could simply choose to pay your beneficiaries the sum of premiums paid in addition to accrued interests only