The Best of Health For The Best of Quotes

Most insurance companies want you to be in the best health when you are added to their rolls. Being in the best health means you will pay them more over time and have less need to use their policy. Consequently the insurance company makes a big profit off of you. A single person in their 20s who doesn’t smoke and is in perfect health can get a much larger policy at a better cost than the same person in their 50s, or someone of the same age who smokes and abuses drugs or alcohol. Age and lifestyle habits play a big role in how much coverage you will get and what price you will have to pay. Many people think they can keep their lifestyle hidden. Not only is that not always the case, you can get dropped and in some cases sued if you lied.

Most insurance companies have you get an exam and have all your previous records sent to them before determining your eligibility. Many people don’t start to think about life insurance until they have gotten older, married, had children, or have settled down. There are many risks to waiting that long. The older you are and the more you have put yourself through over the years the more ghosts you have created that can come back to haunt you.

There are typically three types of premiums, standard, preferred, and preferred plus. If you have not had a cigarette in more than five years -- or never had one -- your premiums will be lower than if you have had one in the last five years or are currently smoking, this would be the preferred plus program. Being an averagely healthy person and not smoking in the last three years will buy you the next best rate, preferred, at a lower cost than many. The standard is for those individuals who might have some health issues and have not smoked in at least 12 months, they are still pretty good rates as well.

Then, you have the rate for smokers, which is about three times higher than those who haven’t smoked in the last 12 months. This difference in price is big enough that many people lie about whether they smoke or not. I remember one elderly man telling me to mark it down on the application that he did not use tobacco. I pretended to mark it down, then I tripled the rates I would quote him anyway. There was no way the company that paid me to fill out that form wouldn't know in a heartbeat that he was lying.

Even if you get away with it on the application, you have to know that when you are being treated for multiple bouts of bronchitis, pneumonia, and upper respiratory infections each year, the insurance company will get suspicious. Plus, your doctor will be able to smell it on you and is legally obligated to inform the company if they think you smoke or live with a smoker.

Getting smarter by the minute, some insurance companies will require a urine sample to see if you have nicotine in your system. It is getting harder every day to lie to them. It is possible to cheat if you stop smoking for 72 plus hours before your urine sample is taken, nicotine is gone by then. But you never know when they will ask for another sample unannounced.

There of plenty of insurance companies that don’t care if you start smoking after you get the policy as much as they hate discovering that you lied to get a policy. What else, they wonder, did you lie to them about?

Alcohol abuse can cause many health issues and reduce a person’s life by a minimum of 10-15 years or more in some cases. That's why the heavy use of alcohol is another reason your insurance premium can go skyrocketing out of control. Even just moderate drinking can cause some companies to up your cost or completely deny you a plan.

If the company you want to deal with starts raising your rates, look elsewhere. It is a well-known fact that some insurance companies don’t care how much you indulge as long as you don’t need treatment or have not sought treatment for alcoholism yet.

The insurance companies will also want to know great lengths about your medical history and probably demand records as well. This can give them plenty of insight to your alcohol use. They will be looking for specific alcohol related diseases that you might have to be treated for. They will also look at your driving record to see if there are any alcohol related incidents, which would bump you to a higher premium.

As far as age is concerned, usually people under 60 in very good health can get a good policy for a great price. The prices tend to go up as people age due to the fact that they are not expected to live as long and the company won’t make as much money off of them. If you have other health issues or bad habits that can make the plan rise in cost too. Now, there are several insurance companies that cater to the older groups of people for a decent price and provide good coverage. That's why you should always evaluate several companies at the same time to find the right offer for you and what works best for you.