Tagged: premiums

What is Life Insurance Age Nearest 0

What is “Age Nearest” and Why is it Used?

Like many things in life, timing is everything. And this applies with life insurance too. Did you know life insurance companies use the age nearest method to determine your issue age? The issue age is the age the policy premiums are based upon. Generally speaking, the younger the issue age, the lower the premiums. Why Does Age Nearest Matter? Age...

Ottawa Life Insurance Broker 0

What Services Can I Get From A Life Insurance Broker?

The primary service of a life insurance broker is to sell insurance policies, right? Wrong. The primary service of a life insurance broker is to be a representative for one or more insurance companies, right? Wrong. The primary service of a life insurance broker is to help you find the life insurance coverage that is most appropriate for your needs as well...

Medical history can increase in Premiums 0

Medical history can increase your life insurance premiums

Lucky applicants for life insurance can be insured quickly and at the premium quoted - but 2 in 3 applicants are faced with delays plus the prospect of having their premium increased due to their medical history. So who are the lucky ones? Basically, you'll have to be as fit as a flea with no family history of serious illness,...

Life Insurance Premium Payment Options 0

What options are there for your life insurance payment?

Other than not wanting to think about dying, many people choose not to purchase a life insurance policy because they don’t want to take on the extra payment for something they will not immediately use. Hydro bills, for example, are less painful (not really) to pay every month . You use electricity every day. Life insurance policies, on the other...

How much should I pay for life insurance? 0

How to lower life insurance costs

There are several things that people can do to significantly lower life insurance premiums: •Quit smoking, if you are a smoker. Tobacco use reduces life expectancy, and is taken into account by life insurance companies.   •Live a healthy lifestyle that that includes regular exercise, and also excludes very high risk activities. This primarily determines whether or not you qualify...

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