Mar 18
Will your great credit score help get a better insurance rate?
The Insurance Information Institute did some number crunching, and it seems that if you do a good job managing your finances, you are most likely a good manager of other areas of your life…including driving and safety around the house. But does that mean you’ll get a discount on your life insurance?
When it comes to term life insurance, most companies do not review your credit score. However, if you’ve filed for bankruptcy it’s a different story. You will be denied in most cases. Be sure to work with an agent or broker that will help you find the best life insurance company for your situation. Whether it is bankruptcy or a bad driving record, be sure to work with someone that is knowledgeable and knows the ins and outs of many life insurance companies.
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