Comments on: 7 Ways to Get Dirt Cheap Term Life Insurance

By: Karl

Karl — Wed, 14 Nov 2012 17:29:54 +0000

These are great tips! Life insurance coverage is so important, yet so many people do not realize that it is possible to achieve cost-effective life insurance premiums. Taking care of yourself is your best bet.

By: Susan

Susan — Wed, 07 Nov 2012 16:31:45 +0000

This are really nice tips. We must take care of ourselves to get cheaper but better insurance coverage. I think term insurance is one of the cheaper forms of insurance available.

By: Jayna

Jayna — Thu, 25 Oct 2012 22:18:31 +0000

Ashley, are you saying that you can actually bargain with the life insurance agent and ask them to take less of a commission so you can lower your rates?

By: Mike

Mike — Sat, 13 Oct 2012 09:34:54 +0000

These are really good tips for those who are searching for term life insurance. But I don’t feel that family history should affect the policy. My father is affected with heart disease and my mother family has diabetic problem. First one is highly risky for insurance provider. But how can I know which one will affect me. So I don’t feel it is good to take family history in consideration.

By: Susan

Susan — Tue, 09 Oct 2012 17:02:29 +0000

These advice is really helpful . If your going about purchasing the type of insurance that you want you must think it over. You really just need to figure out the type of coverage you need and how long you need it for.

By: Jim Tobin

Jim Tobin — Wed, 26 Sep 2012 23:45:35 +0000

Jeff, nice blog!!
An interesting case with you and your wife’s firm. Rates as you knoww are approved by the state DOI and should be the same regardless of agent. Nonetheless, using an independent over a captive almost always makes sense as the indy has no incentive to push an inferior product.

Ashly, rebating insurance commissions is illegal in most states …so no bargaining power.

By: Jeff Rose

Jeff Rose — Tue, 25 Sep 2012 19:19:14 +0000

@ Tim I have heard of a few situations where an insurance company didn’t pay but those are typically obvious cases where the client blatantly lied on the application. Sometimes it goes overlooked, but it’s a risk not worth taking.

By: Tim

Tim — Tue, 25 Sep 2012 19:04:03 +0000

On the last one about telling the truth, what if you die due to something you failed to disclose? Have you heard much about life insurance companies denying a payout for one reason or another?

By: Jeff Rose

Jeff Rose — Tue, 25 Sep 2012 18:07:56 +0000

Depending on the condition, certain life insurance carriers will not take into consideration family history. For example, some insurance carriers might automatically decline a female applying for life insurance if her mother passed away due to breast cancer, where others won’t even consider it. That’s why it’s important to work with an independent agent that’s in the know of what carriers you should be shopping your quotes with.

FYI, if you need some help getting a quote feel free to hit me up. Be glad to see what options are out there for you.

By: Him @ Make Love, Not Debt

Him @ Make Love, Not Debt — Tue, 25 Sep 2012 14:10:29 +0000

So how do you compensate for #4? In my #LifeAware post, I detail that even though I was in the best health of my life, my family history plus a bad draw from the gene pool resulted in me paying a rather large premium per month. It sucks because I did follow all of this advice but I still got hosed.