AccuQuote Suggests Changing Bad Habits Can Save Consumers a Fortune on Their Life Insurance

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“How much you pay for life insurance depends on your health and lifestyle. For example, if you’re a smoker you’ll pay a higher premium than a non-smoker. By changing your bad habits, you can save a fortune on your life insurance.”

Wheeling, IL (PRWEB) January 18, 2010 –

AccuQuote, a leader in providing term life insurance quotes to people across the United States, suggests that by changing bad habits, consumers can save a fortune on their life insurance. The company offers consumers with bad habits tips for reducing life insurance premiums.

Consumers with bad habits may pay more for their life insurance policy. Why? Because life insurance underwriters use consumers’ health and lifestyle information to evaluate their mortality rate and determine an appropriate price.

“How much you pay for life insurance depends on your health and lifestyle,” says Byron Udell, founder and CEO of AccuQuote. “For example, if you’re a smoker you’ll pay a higher premium than a non-smoker. By changing your bad habits, you can save a fortune on your life insurance.”

AccuQuote provides the following tips for reducing life insurance premiums:

•     Give Up Smoking – Tobacco-users pay significantly higher life insurance premiums than non-users. “By reducing your tobacco-use or by quitting altogether, your health and your rates will greatly improve,” says Udell. “And keep in mind that tobacco-use also causes certain health conditions, for example, lung and heart disease. These health conditions, in addition to smoking alone, will negatively affect the cost of your life insurance.”
•     Weight Reduction – Since weight is associated with higher cholesterol levels and other medical conditions, consumers will pay higher life insurance premiums if they are considered significantly overweight. “Since body types vary, it’s best to talk to your doctor about determining a healthy weight for you, says Udell. “If you’ve lost weight since you first purchased your policy, you may qualify for lower rates if your overall general health hasn’t changed,” says Udell.    
•     Play it Safe – “If you regularly participate in risky behavior, like skydiving or bungee-jumping, you’ll most likely pay a higher life insurance premium,” says Udell. “However, getting certified in your sport or taking safety classes can help reduce the cost.”

In addition to changing bad habits to reduce the cost of life insurance, AccuQuote also gives the following advice:

•     Research Life Insurance Buying Options – By researching various life insurance companies and the different types of life insurance available, consumers can determine the best value in life insurance. “Since underwriting guidelines vary among life insurance companies, you may find that one company will offer you an affordable rate based on your habits, while another may deny you any coverage at all,” says Udell.
•     Shop Using Convenience – Online multi-carrier brokerage firms, like AccuQuote.com, provide free term life insurance quotes from top rated life insurance companies. The process takes less than five minutes. “AccuQuote will help you find which company offers low cost term life insurance based on your health and lifestyle habits,” says Udell.

“The most important thing to remember when applying for life insurance coverage is to avoid lying during the application process,” says Udell. “Lying now will cost your family a lot more in the future. And with term life insurance rates near record lows, affordable coverage is available at your fingertips without stretching the truth on your application.”

About AccuQuote
AccuQuote helps consumers find the best values in term life insurance by combining instant online life insurance quotes with the personal service of unbiased life insurance professionals that can help answer questions, identify important issues, and make meaningful recommendations. The company offers consumers an extensive selection of life insurance options, including term life, whole life, and universal life, as well as selected annuities. The website has many handy insurance tools, including a life insurance needs calculator to help you figure out how much to buy, a glossary that explains industry terminology, a collection of articles that cover the basics about life insurance, and a blog which answer many questions about life insurance. For additional information or to get quotes for cheap term life insurance, please call 1-888-314-4455.

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