Save Money Life Insurance Policy

How to Save Money on a Life Insurance Policy


Do you want to learn how you can save money on your life insurance policy?

If so, we have several tips for you that can help. These tips are easy to understand, and anyone can use them to save some money when buying their life insurance policy.


  1. Compare Rates – By comparing rates you may save up to 70% on your life insurance because each insurer has their own set of rates, and rates can vary quite a bit between companies.
  2. Choose Term LifeTerm life insurance is the cheapest form of coverage offering the lowest rates by far, compared to permanent life insurance.
  3. Don’t buy more Life Insurance than you need – Use a life insurance needs calculator to determine how much life insurance you really need.
  4. Choose Annual premium payments – They are lower than paying monthly premiums. The insurance company charges a finance fee for monthly payments. 
  5. Quit SmokingSmokers pay 2 to 3 times more for the same amount of life insurance compared to Non-smokers. So, if you smoke, it pays to quit smoking.
  6. Get Healthy – Lower your cholesterol level and your weight to qualify for lower rates on your life insurance.
  7. Buy at least 6 months before your next birthday – Rates are based on your age closest to your birthdate. So, if you buy within 6 months of your next birthday, you will be charged based on that age, not your current age.
  8. Buy coverage while you are young and healthy – Rates for younger adults are lower, and healthy people get lower rates on life insurance than those with health issues.


How to Compare Life Insurance Quotes

Do you want to compare rates on low cost life insurance plans?

If so, you have three options available for finding the best rate on your policy.


  1. You can call up life insurance companies one-by-one and ask for a life insurance quote.
  2. Contact a local, licensed independent life insurance broker to meet with you and compare rates on life insurance from companies the broker has access to.
  3. You could visit a life insurance web site that offers instant life insurance rate comparisons from a network of more than 40 highly-rated life insurance carriers.

NOTE: It’s much quicker and easier to get instant life insurance quotes on the internet.


Here are several reasons to compare rates for life insurance rates on the internet:


  1. Compare rates from the convenience of your home any time of the day or night.
  2. You get Instant life insurance quote comparisons from over 40 life insurers.
  3. No need to meet with a life insurance agent.
  4. No high-pressure sales pitch.
  5. No obligation to buy.


Life Insurance Quotes


Top Pick – Wholesale Insurance

Wholesale Insurance lets you shop, compare and save on life insurance. For more than 30 years, Wholesale Insurance has helped more than 500,000 American families protect their futures. Compare the best life insurance rates from 40 top carriers with just one click! Save up to 73%. Request your free quote for life insurance.

Highly Recommended – Globe Life Insurance

$1* Buys $100,000 Globe Life Insurance

  • Coverage for Adults or Children
  • No Medical Exam. Just a Few Y/N Health Questions
  • Free Information. No Phone Required. No Waiting

Buy Direct. Monthly Rates as low as $3.49 for Adults/$2.17 for Children.

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Save Money Life Insurance Policy


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