Studies have shown that tobacco users tend to be more liable to die (at least twice so) than people who do not use tobacco over the duration that they are insured. Companies that offer term life insurance rates tend to take this into account when they determine your premiums. If you can cut out smoking, you can end up saving yourself as much as 50% on your term life insurance quotes and thus use that money for something else which you consider just as valuable as your life insurance policy.
Someone who has a terminal disease will have serious problem getting any term life insurance rates, however this difficulty substantially reduces when your disease is something like heart disease but you should know that even if you fall into this category, you’ll have some pretty hefty insurance rates to pay out either way. However it’s still great that an option such as this exists for people who have existing medical conditions and need some form of life insurance.
Something else that will hamper your term life insurance rates is if you work in a hazardous profession, this will significantly increases the cost of your insurance rates, however since you already know you have to pay a significant higher price it makes it easy when you are shopping for reduced rates on life insurance.
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