Cheap Term Life Insurance

Cheap Term Life InsuranceCheap Term Life Insurance

Cheap Life Insurance

If you want cheap term life insurance quotes then there are a few things you can do to help keep your costs down. Take 3 minutes to read through my article and learn the steps you can take to help keep your costs down.

Term Life Insurance rates can be low, for those that are healthy. We can run a quote or, after reading about low cost life insurance.

 Health

Before getting a life insurance quote, you need to review your current and past health and make an honest assessment of your status. Look back at least 5 -10years and consider any health issues that you may have had. Review our  Health Class Rating chart at the end of this article.

Age

The younger you are the less you will pay. So apply as soon as you can. The longer you wait the higher the cost. If you are a young adult you may want to consider a No Medical Exam Life insurance. It is easy to apply for and they will not require a full medical examination.  Read More – No Medical Exam Life Insurance Information.

Height / Weight

Make sure you are Height and Weight are in line with standard builds. See below for a Build Chart.

Stop Tobacco Use

To get a Preferred Life Insurance Quote rating most carriers will require 3 – 5 years of no tobacco use. Some of my carriers will offer Non Smoking rates if you have stopped for at least 12 months. Be aware that No Tobacco use means any tobacco products such as: Chew, Nicotine gum, Pipe or Cigar Tobacco.

Do you happen to smoke Marijuana?

For the occasional user, 3-4 times a month, it is possible that you can still get a preferred/standard rate and be listed as a Non Tobacco user! This will require that you contact me so we can review your usage. If it is not disclosed and they find Marijuana in your test results you will they , depending on the amount, decline you are rate you up as a Smoker. Getting a Smoker rating  is expensive. Learn more about Life Insurance for Marijuana Smokers.

Carriers – Shop around!

If you are not using an independent agent who deals with at least 60 carriers you may be missing out on the best rates. If you are getting a quote from a single insurance company then it is mandatory that you shop around.

Independent Agent

Make sure your agent is experienced in working with all areas of life insurance. If you happen to have a health impairment , high risk activity , etc. then you need to work with someone like me who has the experience to place these types of cases.

Bottom Line

Take all of the above into consideration, review your needs, review your monthly budget and then shop around for the best rates. Use someone like me who works with multiple carriers, has an in house underwriter and who can handle your business over the phone.

Health Class

Preferred Plus
(Best Class)		 Preferred Standard Plus Standard
  • No health impairments
  • No history of diabetes, cancer or heart disease
  • No high blood pressure
  • No Cardiovascular disease or cancer in either parent or siblings before age 60
  • No tobacco use in 36-60 months (varies by company)
  • Cholesterol under 220
  • No substance abuse
  • No hazardous activities
  • No health impairments
  • No history of diabetes, cancer or heart disease
  • May have controlledblood pressure
  • No Cardiovascular or cancer death in either parent before age 60
  • No tobacco use in last 12-36 months (varies by company)
  • Cholesterol under 250
  • No hazardous activities
  • Only minor health impairments
  • May have currently controlled blood pressure
  • No Cardiovascular death of more than one parent before age 60
  • No tobacco use in last 12-24 months (varies by company)
  • Cholesterol under 285
  • No substance abuse in past 7 years
  • No hazardous activities
  • Some health impairments
  • May have currently controlled blood pressure
  • No cardiovascular death of a parent before age 61
  • No tobacco use in last 12 months (varies by company)
  • Cholesterol under 300
  • no substance abuse in past 7 years
  • No hazardous activities

Build Chart