Cheap No Exam Life Insurance Quotes
Reader’s Question:
Is it true that better health translates to lesser life insurance premiums? What are the risks if the applicant will not tell the whole truth about his health condition? I am applying for no exam life insurance in Bakersfield, California.
Dane
Bakersfield, CA
Hello Dane.
Nice question. It’s true that you pay less in life insurance if you have good health, not smoking, or have healthy family history. Life insurance companies in Bakersfield, California take it as an insurance risk if you happen to be otherwise. It’s also a reality that people who want to get life insurance are tempted not to reveal the true condition of their health just to save on premium. However, there is real risk in doing so and it’s a serious risk indeed.
Imagine you have a heart condition but you did not disclose it during your application for life insurance. You then paid low premium on your life insurance as a result of a seemingly clear health. Since it is a heart condition, you would be at risk of heart attack anytime. Once you get heart attack and you die, your insurance company will investigate the death and it means going over your medical files. When they found out that you have had a heart condition before you apply, they may deny claims of your life insurance. In essence, this would be a case of fraud and they would not release insurance to your beneficiary despite the fact that you have been paying for it for a considerable period. What you have been paying in life insurance will be lost as a result of such fraudulent act.
Always remember: Companies in life insurance, or any insurance policy for that matter, are diligent and keen when claims come. They investigate before releasing claims. And as much as possible, they would only release claims on valid and accurate grounds. Failure to present evidence of validity and accuracy result in denial of life insurance claims.
Buy a Cheap Term Life Insurance Policy Online
Reader’s Question:
What do I need to do to get a cheap term life insurance policy online?
Anna
Thank you for asking Anna.
It is essential that when trying to buy the best and cheapest life insurance rate online you need to consider other factors apart from price. Why? These factors may be able to help save you money in the future even though the insurance providers may not have the cheapest term life premium. For instance, you need to ask yourself : is the company financially strong? Does the company have the best renewal rate? Is the insurance company insisting on a medical exam? Cheap term life insurance is available everywhere but it also has to have other features.
Cheap term life insurance on the online can be found by seeking out an independent insurance expert for advice and price quotes or you can do it yourself. There are term life insurance companies that will give you a term life insurance policy that exactly matches your needs and an independent adviser can steer you to the right insurance company.
Goodluck!
MariCAR
Cheap Smoker Life Insurance
I have decided to purchase a life insurance policy but a smoker, are their existing coverages for me which has low premiums? By the way I am in my 40s living in Joliet Illinois IL.
Ben
Joliet, IL
Hey Ben, how are you?
Yes there are existing coverages for smokers like you. Though you will only pay a bit more in availing term life insurance, there are loads of policies that are in tuned to every budget, lifestyle and age. Why not compare policies among the various companies in Joliet, IL.
Different companies have different perceptions of smokers. Some analyze on the frequency of smoking, such as moderate and heavy usage. Moderate users are charged less. Other companies give classification based on standard and the preferred health condition.
Users which fall under this classification are those that smoke but still in good health. Companies may check out their weight, cholesterol, and blood pressure.
When you apply for term life insurance there in Joliet Illinois IL however, you will be medically examined and the company may administer a test where the levels of cotidine- a by produce of nicotine is measured in your urine and saliva.
Getting a 10-year term is enough provided you want to retire soon as opposed to the conventional 20-year term. This way, you can save money on premium payments.
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