Saving You Money For Life

Most life insurance companies, as part of the underwriting process, ask you questions regarding whether any of your parents, or siblings had cancer prior to age 60. If they did, you are not able to qualify for their very lowest rates.

The difference in your rate on most popular 20 and 30 year level term plans, just with respect to this one issue, might cost you as much as 65% more! This can amount to thousands of dollars of extra premium during the life of your policy.

BOTTOM LINE: If you are thinking about life insurance, and you are in good health and so are your parents or siblings…get it now. You never know what the future holds for your health or your families and ultimately, you could end up paying more! If you do have a parent or sibling that had cancer before the age of 60, shop around by using a broker. They deal with more than one carrier and can find you the best rate.

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