Universal Life Insurance Quote — A Tip Carriers Don’t Share
A number of recommendations lowering your costs and attracting the best universal life insurance quote usually compromise the quality of coverage you get and are, therefore, NOT smart. Here’s a better way…
There was this man who only smoked a cigar once a year to mark special occasions and he went ahead and told his doctor just that. He was certain that since he had made it known that he only smoked a cigar once annually to celebrate special moments, it won’t cost him much
He was wrong as the insurer he settled for decided to give him similar rates with chain smoker He got a rate that was more than twice that for non-smokers
He could have just accepted the rate he got just like most folks do. He decided that he won’t allow any insurance provider give him what he sees as an unfair rate that didn’t show the real position of things.
He wrote the insurance carrier requesting that they give him a non-smoker’s rate on account of the fact that he just smoked about once anually His case was made an exception after weeks of bargaining and clarifications. He got a 50% reduction in his rate
Believe it or not, competition in the life insurance sector is fierce You can, and should, benefit from this whenever you think you have a cogent reason that entitles you to paying less Every insurance carrier would happily give you cheaper premiums if that will enable them do business with you but still compensate them enough for the risk they bear by insuring you
Therefore, don’t be afraid to negotiate if you are really sure that you do have a case And, while you are advised to bargain, ensure that you never give details that are less than true You can render your life insurance policy null and void if your insurer can prove that you gave them untrue information about yourself
