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Friday, July 30, 2010

4 Smart tips to get Cheap Life Insurance Policy


You can get a cheap life insurance policy by various ways. However, this article highlights 4 tips that can help you to get cheap life insurance policy.
Tips to get cheap life insurance policy The 4 tips that can help you get cheap life insurance policy are given below:

1.Shop around: You should compare the life insurance quotes offered by different life insurance companies. This will help you get cheap life insurance.
2.Opt for term insurance: This is the cheapest life insurance policy. Therefore, term life insurance is way to go.
3.Get in shape: The life insurance companies charge higher premium rate on individuals having high mortality rate. Therefore, you should quit smoking and reduce your cholesterol and blood pressure levels.
4.Buy yourself: The insurance agents get commission on selling insurance products. Most of the financial planners charge a fee and a commission on the insurance products. Therefore, it is better to purchase life insurance on your own so that you don’t have to spend any money for fee.
Finally, if you want to get a cheap life insurance policy, then you should buy it while you are still young. This is because the insurance companies charge lower premium rate on young people.

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