Finding discount term life insurance isn’t hard if you know how to shop around. Here are several tips to keep in mind when buying a term life insurance policy.

• Ask the right questions – Talk with an expert that is familiar with multiple carriers’ underwriting rules. Such experts will know which carriers will bend their rules, and when.
• Deal with a broker – Brokerage firms, such as AccuQuote, know the ins and outs of several life insurance companies – and are in a position to know what each will or won’t do. Some of these carrier-specific underwriting rules are well known, but most are not, and don’t even show up in the carrier’s rate books or product brochures.
• Make sure you fess up – if you do anything extreme, such as sky dive on a regular basis, and don’t tell your life insurance company at the time of applying, they can refuse to pay the death claim should you die.
• Think about pursuing a policy that excludes your risky endeavor - Some insurers will allow you to purchase a policy, which states that if you perish while engaged in the excluded activity, your beneficiaries would not receive the death benefit. The advantage to this is that you would not pay extras above the cost of your policy.
• Educate yourself – Go to school, get a license, do all the safety things that you’re supposed to be doing and present yourself as an expert in skydiving.
• Notify your agent if you stop this activity – If you no longer are skydiving, contact your agent as you can save money immediately.