Life insurance costs are based on your age, health and lifestyle. Here are some things you can do to get the cheapest life insurance possible:
- Don't smoke.
- Buy life insurance when you are young because you can lock in a cheaper rate.
- Keep your weight in a healthy B.M.I. range.
- Keep your blood sugar, blood pressure and cholesterol normal.
- Exercise and live a healthy lifestyle.
- Go to the doctor regularly for check-ups, especially if you do have health issues. The insurance carrier wants to know that your condition is under a doctor's supervision.
- Take the medications you are prescribed.
- Don't participate in dangerous hobbies like skydiving, or riding motorcycles.
- Avoid dangerous jobs.
- Don't use illegal drugs, abuse prescription drugs, or overdo drinking alcohol.
- Get life insurance which requires a blood test and medical exam because if you don't take these tests they will assume you are a high risk and charge you the highest rate.
- Tell the absolute truth on your life insurance application, because if you don't, your death benefit claim may not be paid by the insurance company.