surfmaid.com

You can reduce your costs considerably and get the best life insurance rate by compromising the quality of coverage you get. That’s NOT good. I’ll share a safer way…

There was this man who only smoked a cigar once anually to crown great moment and he went further and told his medical examiner just that. He was sure that because he had made it known that he only smoked a cigar once annually to celebrate great events, it will NOT cost him much

The rates he received showed that his insurance carrier had a different opinion of his ocassional smoking. They gave him a rate that was so high it was about two times as high as non-smokers’ rates.

He could have just accepted the rate he got just like most folks do. He would not accept that on his part since he reasoned that smoking only once every year did NOT make as bad a risk as people who smoke two packs everyday

He wrote to his insurer requesting that they reduce his rate to that of a non-smoker considering that he only used the cigar to mark special events probably once a year His position was eventually accepted by the insurance provider and his rate was lowered by 50%.

Believe it or not, competition in the life insurance industry is fierce You can, and should, benefit from this whenever you think you have a good reason that should make you pay less If you can show an insurer that you’re NOT as bad a risk as they thought you were, they can reduce your rate.

So if you have a good reason to request for cheaper rates, ask. The worst case scenario is that they will NOT reduce your rate However, make sure that you don’t change the facts to make yourself appear to be a better risk than you are You will be at the mercy of your life insurance provider if you provide them with false details about yourself as they are free to NOT pay according to policy terms if information given during application is wrong.