I heart Rant Blog
Rant Right Here
Variable Life Insurance Quote — A Trick Insurers Don’t Want You To Discover
January 15th, 2010 by admin
A number of recommendations cutting down your costs and obtaining the cheapest variable life insurance quote actually compromise the quality of coverage you enjoy and so are NOT smart. Here’s a safer way…
During a medical exam, a man told the medical examiner that he smoked a cigar about only once a year to mark special moments. His presumption was considering that he only smoked about just once every year and made this known to the doctor, this would NOT have any negative effect on his life insurance premium.
His insurance provider felt otherwise and offered him the same rates as if he were a chain smoker They gave him a rate that was so high it was about twice as high as rates given to non-smokers.
Usually everybody would accept their fate and the rates given once they believe the insurance company in question is highly reputable He chose that he will NOT allow any insurer give him what he considers an unjust rate that didn’t show the true level of risk borne.
He wrote the insurance carrier asking that they give him a non-smoker’s rate because he only smoked a cigar about once anually His case reviewed after weeks of negotiating and clarifications. He got a fifty percent slash in his rate
With the many life insurance companies out there, competition for leads can only be very fierce. This is something you should use to your advantage mostly when you’ve got a good case All insurance carrier would gladly offer you cheaper premiums if that will enable them do business with you but still reflect the risk they will carry by insuring you
Therefore, don’t be afraid to bargain if you are really sure that you do have a case And, while you’re encouraged to negotiate, ensure that you never disclose details that are less than true Doing so might compromise your life insurance policy as your insurance provider could simply opt to pay your beneficiaries the sum of premiums paid in addition to accrued interests only