A quick guide to find the best, cheap and most affordable term quote and actually approved term life insurance policy from an insurance company without a rate change.
For most people, buying life insurance or getting term quote is about providing a death benefit to those left behind when an insured person dies. That was the original purpose behind the concept of life insurance, and it’s still the leading reason that most people include life insurance in their financial planning. Life insurance industry has design a machine – A MONEY MAKING MACHINE that makes discounted dollars for your family when it needed most for their financial security and comfort. But they way we are getting term quote today - in most cases does not make any sense as you will NOT be getting the same term insurance rates that you originally show in your term quote from a naïve local life insurance agent or in-experienced website.
Today term insurance industry going through very cut-thought competition and to continue their market shares many term insurance companies plays very smart term insurance quote and rate games. They will show you something very affordable when you first called and when you finally receive underwritten and approved policy from a specific life insurance company is totally out of budget or shocking! Why this is so? To get that best rates you need to be in a best shape and fulfill many life insurance companies requirement. Following are the requirement from one of the cheapest and the best priced term life insurance company to qualify for their best or first preferred underwriting class:
- Nicotine or Tobacco Use: No nicotine for last 5 years
- Blood Pressure: No Blood pressure treatment in past and present. The current and average readings in past two years not greater than 135/85 up to age 60 and 145/90 age 61 and over
- Cholesterol: Level cannot exceed 220.
- CHL/HDL Ratio: Maximum 5.0 with no treatment and with treatment greater than one year, maximum 4.5
- Family History: No cardiovascular dieses or cancer in either parent or sibling before age 60
- Driving Records: No DUI or reckless driving in last 7 years. No more than one moving violation or license suspension in last three years.
- Substance or Alcohol Abuse: No history of substance or alcohol abuse or treatment.
- Personal History: No personal history of cancer, cardiovascular dieses, diabetes or mellitus.
- Residence: US resident for last 2 years and US citizen or permanent Visa or Green card. No intention to travel risky countries.
- Occupation /Avocation: No hazardous occupation/avocations; Private pilot ok with exclusion. Active military not accepted. Scuba diving less than 30 feet.
So you get the point! And, if you missed any one of by an inch and your premium will jumps to 25%, 50% or even double.
We at BeamaLife, believe in providing the most accurate term quote by asking you the most relevant information and more your provide us an honest information more we would be able to get better term quote for you. We are on your side and will do everything possible to find the best possible term quote for you. Please call one of our life insurance specialists at (866) 972-3262 to find the best, cheap and most affordable term quote or for you and for your family’s financial security or complete this short form to compare top 100 best priced and highly rated life insurance companies now.
