How to lower life insurance costs
•Live a healthy lifestyle that that includes regular exercise, and also excludes very high risk activities. This primarily determines whether or not you qualify for the Standard of Preferred rates.
•First-to-die permanent policies insure couples, and pays a cash benefit regardless of who is the first to pass away. This is cheaper than having one policy per spouse.
•Purchase your life insurance while you are healthy. Generally speaking the younger you are when you puchase, the cheaper the premiums will be.
•Compare, compare, compare!