Save Money on Your Life Insurance Policy
How to Save Money on a Life Insurance
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.
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
Term Life – Term life insurance is the cheapest form of coverage offering
the lowest rates by far, compared to permanent life insurance.
- Don’t buy
more Life Insurance than you need – Use a life insurance needs calculator
to determine how much life insurance you really need.
- Choose Annual
premium payments – They are lower than paying monthly premiums. The
insurance company charges a finance fee for monthly payments.
Smoking – Smokers 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.
Healthy – Lower your cholesterol level and your weight to qualify for lower
rates on your life insurance.
- 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.
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
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.
- You can call up life insurance companies
one-by-one and ask for a life insurance quote.
- 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.
- 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:
- Compare rates from the convenience of your home
any time of the day or night.
- You get Instant life insurance quote comparisons
from over 40 life insurers.
- No need to meet with a life insurance agent.
- No high-pressure sales pitch.
- No obligation to buy.
Life Insurance Quotes
Top Pick – JRC Insurance Group
Group helps you shop, compare and save on life insurance. Regardless of your
age or health background, we'll shop our 40+ insurance companies and find you
affordable life insurance you need to protect your family and fit your budget.
Compare the best life insurance rates for savings
up to 73%. Get Your FREE Quote
Highly Recommended – Globe Life Insurance
$1* Buys $100,000 Globe Life Insurance for Adults or Children
- No Medical Exam - Simple
- No Waiting. Buy Direct.
- Rates as Low as $3.49
- Join 4.2 Million
- No Phone Required. No
- No Agent Involved.
Where Can I Buy Cheap Life Insurance?
Save Money Life Insurance Policy
Disclosure: Compensated Affiliate