Archive for the ‘Life Insurance & Your Lifestyle’ Category.
These are three very important factors in regards to life insurance. Greater age will equal greater cost of life insurance. The reason for this is simple: the more aged you are, the more likely it is that you will die. This is the second most important factor. Gender affects life insurance in a similar way. [...]
If you are a smoker, you can still obtain a life insurance policy. You will, however, pay a higher premium than a non-smoker. If you have been smoke- free for over a year, you can qualify as a non- smoker with many different companies. If you have a smoking related illness, the life insurance company [...]
Lifestyles can affect premiums. If your hobbies or occupation make you more likely to face an untimely death, than one is considered “high risk”. Pre-screened information assists the insurance company in determining how probable you are to die young. Many companies will not underwrite a policy if the client engages in dangerous or risky behavior. [...]
Anything that could pose a significant risk to your future health, may have an effect on your ability to purchase life insurance or on the premiums that you will be required to pay, if you can purchase a policy. If you have a history of extensive travel, your insurance company may also inquire into your [...]