Snuffers get the upmost life insurance policy premiums among those who are in the three "typical" life insurance categories for actuarial calculation: standard, preferred, and preferred plus. So if you would be qualified as a Standard risk (you have

Smokers contribute about three times as much for a policy as they would if, all other things being the same, they didn't smoke. And yes, there are Preferred smokers (these are smokers who bicycle and don't eat fast food). They pay higher premiums than their non-smoking Preferred counterparts.

What does it meant to a life insurance company if you are defined as a "smoker"? It means that you use tobacco (other than chew, which might also raise your rates) at least once a year, basically. That's an overstatement, but if you smoke "only when you drink" or "socially" and you're not an addict, or if you are limited to pipes or cigars, that's all smoking as far as life insurance underwriters are concerned. You are grouped together with those who smoke two packs a day and start levitating if they go for half a day without a smoke. However, if you truly are just a social or occasional smoker, and that gets borne out by the medical examination, you may receive a better basic ranking and get lower premiums than you otherwise would have if you smoked regularly.

But many people try to trick life insurance companies about their smoking status. This is, of course, to save cold hard cash. And they can often get away with it, at least at first, because nicotine can be cleared completely out of one's system as long as one goes at least 72 hours without doing any smoking. Some people are willing to suffer for a few days just before their life insurance medical exam in order to get those lower premiums.

Some people also cheat--knowingly or unknowingly--because they will say on their questionnaire that they are a non-smoker because they only smoke "periodically". Remember, if this gets found out later on by the life insurance company, they will raise your rates up to smoker level. If you die and it gets found out through investigation that you were even an occasional smoker, the company will pay the death benefit minus the amount of premiums it should have collected up to the time of your death.

If you have never smoked or if you have not smoked at all for at least five years, the life insurance industry considers you a non-smoker. If you truly are a non-smoker at the time of application, but after your policy is issued you take up smoking, the life insurance company will look the other way--unless you apply for more insurance, in which case your new policy will carry smoker rates.

Some life insurance companies place arbitrary, unannounced phone calls to their newer policy holders to see if they can spy any inconsistencies in what they wrote on their questionnaire. This is done because it's known to them that smokers can and do cheat and they have sometimes gotten away with it. So if you are a smoker--even one who just smokes when she drinks or goes to a party--admit it on your application. It will save you a lot of trouble even though it's no great crime. And it might motivate you to quit smoking so you can get a new policy issued with non-smoker premiums.

Snuffers get the upmost life insurance policy premiums among those who are in the three "routine" life insurance classes for actuarial calculation: standard, preferred, and preferred plus. So if you would be qualified as a Standard risk (you have no

Smokers contribute about three times as much for a policy as they would if, all other things being equal, they didn't smoke. And yes, there are Preferred smokers (these are smokers who bicycle and don't eat fast food). They pay higher premiums than their non-smoking Preferred counterparts.

What does it meant to a life insurance institution if you are defined as a "smoker"? It means that you use tobacco (other than chew, which might also raise your rates) at least once a year, basically. That's an exaggeration, but if you smoke "only when you drink" or "socially" and you're not an addict, or if you are limited to pipes or cigars, that's all smoking as far as life insurance underwriters are concerned. You are grouped together with those who smoke two packs a day and start levitating if they go for half a day without a smoke. However, if you truly are just a social or occasional smoker, and that gets borne out by the medical examination, you may receive a better basic ranking and get lower premiums than you otherwise would have if you smoked regularly.

But many people try to trick life insurance companies about their smoking status. This is, of course, to save dough. And they can often get away with it, at least at first, because nicotine can be cleared completely out of one's system as long as one goes at least 72 hours without doing any smoking. Some people are willing to suffer for a few days just before their life insurance medical exam in order to get those lower premiums.

Some people also cheat--knowingly or unknowingly--because they will say on their questionnaire that they are a non-smoker because they only smoke "at times". Remember, if this gets found out later on by the life insurance company, they will raise your rates up to smoker level. If you die and it gets found out through investigation that you were even an occasional smoker, the company will pay the death benefit minus the amount of premiums it should have collected up to the time of your death.

If you have never smoked or if you have not smoked at all for at least five years, the life insurance industry considers you a non-smoker. If you truly are a non-smoker at the time of application, but after your policy is issued you take up smoking, the life insurance company will look the other way--unless you apply for more insurance, in which case your new policy will carry smoker rates.

Some life insurance companies place random, unannounced phone calls to their newer policy holders to see if they can spy any inconsistencies in what they wrote on their questionnaire. This is done because it's known to them that smokers can and do cheat and they have sometimes gotten away with it. So if you are a smoker--even one who just smokes when she drinks or goes to a party--admit it on your application. It will save you a lot of trouble even though it's no great crime. And it might motivate you to quit smoking so you can get a new policy issued with non-smoker premiums.

Snuffers get the maximum life insurance premiums among those who are in the three "routine" life insurance classifications for risk: standard, preferred, and preferred plus. So if you would be qualified as a Standard risk (you have no significant hea

Smokers pay about three times as much for a policy as they would if, all other things being the same, they didn't smoke. And yes, there are Preferred smokers (these are smokers who bicycle and don't eat fast food). They pay higher premiums than their non-smoking Preferred counterparts.

What does it meant to a life insurance institution if you are defined as a "smoker"? It means that you partake of tobacco (other than chew, which might also raise your rates) at least once a year, basically. That's an overstatement, but if you smoke "only when you drink" or "socially" and you're not an addict, or if you are limited to pipes or cigars, that's all smoking as far as life insurance underwriters are concerned. You are grouped together with those who smoke two packs a day and start levitating if they go for half a day without a smoke. However, if you truly are just a social or occasional smoker, and that gets borne out by the medical examination, you may receive a better basic ranking and get lower premiums than you otherwise would have if you smoked regularly.

But many people try to defraud life insurance companies about their smoking status. This is, of course, to save dough. And they can often get away with it, at least at first, because nicotine can be cleared completely out of one's system as long as one goes at least 72 hours without doing any smoking. Some people are willing to suffer for a few days just before their life insurance medical exam in order to get those lower premiums.

Some people also cheat--knowingly or unknowingly--because they will say on their questionnaire that they are a non-smoker because they only smoke "occasionally". Remember, if this gets found out later on by the life insurance company, they will raise your rates up to smoker level. If you die and it gets found out through investigation that you were even an occasional smoker, the company will pay the death benefit minus the amount of premiums it should have collected up to the time of your death.

If you have never smoked or if you have not smoked at all for at least five years, the life insurance industry judges you a non-smoker. If you truly are a non-smoker at the time of application, but after your policy is issued you take up smoking, the life insurance company will look the other way--unless you apply for more insurance, in which case your new policy will carry smoker rates.

Some life insurance companies place random, unannounced phone calls to their newer policy holders to see if they can spy any inconsistencies in what they wrote on their questionnaire. This is done because it's known to them that smokers can and do cheat and they have sometimes gotten away with it. So if you are a smoker--even one who just smokes when she drinks or goes to a party--admit it on your application. It will save you a lot of trouble even though it's no great crime. And it might motivate you to quit smoking so you can get a new policy issued with non-smoker premiums.

Smokers get the greatest life insurance premiums among those who are in the three "normal" life insurance classifications for risk: standard, preferred, and preferred plus. So if you would be qualified as a Standard risk (you have no significant heal

Smokers pay about three times as much for a policy as they would if, all other things being equal, they didn't smoke. And yes, there are Preferred smokers (these are smokers who bicycle and don't eat fast food). They pay higher premiums than their non-smoking Preferred counterparts.

What does it meant to a life insurance institution if you are defined as a "smoker"? It means that you partake of tobacco (other than chew, which might also raise your rates) at least once a year, basically. That's an exaggeration, but if you smoke "only when you drink" or "socially" and you're not an addict, or if you are limited to pipes or cigars, that's all smoking as far as life insurance underwriters are concerned. You are grouped together with those who smoke two packs a day and start levitating if they go for half a day without a smoke. However, if you truly are just a social or occasional smoker, and that gets borne out by the medical examination, you may receive a better basic ranking and get lower premiums than you otherwise would have if you smoked regularly.

But many people try to defraud life insurance companies about their smoking status. This is, of course, to save money. And they can often get away with it, at least at first, because nicotine can be cleared completely out of one's system as long as one goes at least 72 hours without doing any smoking. Some people are willing to suffer for a few days just before their life insurance medical exam in order to get those lower premiums.

Some people also cheat--knowingly or unknowingly--because they will say on their questionnaire that they are a non-smoker because they only smoke "sometimes". Remember, if this gets found out later on by the life insurance company, they will raise your rates up to smoker level. If you die and it gets found out through investigation that you were even an occasional smoker, the company will pay the death benefit minus the amount of premiums it should have collected up to the time of your death.

If you have never smoked or if you have not smoked at all for at least five years, the life insurance industry deems you a non-smoker. If you truly are a non-smoker at the time of application, but after your policy is issued you take up smoking, the life insurance company will look the other way--unless you apply for more insurance, in which case your new policy will carry smoker rates.

Some life insurance companies place random, unannounced phone calls to their newer policy holders to see if they can spy any inconsistencies in what they wrote on their questionnaire. This is done because it's known to them that smokers can and do cheat and they have sometimes gotten away with it. So if you are a smoker--even one who just smokes when she drinks or goes to a party--admit it on your application. It will save you a lot of trouble even though it's no great crime. And it might motivate you to quit smoking so you can get a new policy issued with non-smoker premiums.

Term Life Insurance for Smokers

Term life insurance for smokers will typically be at least 3 times as much premium as the equivalent amount for non-smokers. This is to reflect for the fact that smokers typically die at a much younger age than non-smokers. Term life insurance for smokers is available from many companies, and it is important for you to shop the coverage extensively as different companies differ in how the price life insurance for smoker. For example, some companies differentiate between "light smokers" (who only smoke occasionally) whereas other companies treat anyone who has used any form of tobacco in the last two years as an insurance life smoker.

Insurance Life Smoker

If you are needing insurance life smoker, and you are wanting to pay the least amount possible. Here are a few tips that will be helpful to you, particularly if you require term life insurance. It is important to understand that term life insurance for a smoker is going to cost you more money than the non-smoker rates. There is no way around this, and if this is a deal breaker for you strongly consider quitting. Recognize that if you are currently needing insurance (life) and are a smoker, you will need to demonstrate to the insurance company that you have really quit by attesting on your application that you have not smoked for a period of time (normally one year). Also, you may be required to prove that there is no nicotine in your blood or saliva. All the more reason to quit, as life insurance for a smoker can easily cost you 3 times what the non-smoker rates are.

Smokers and Life Insurance, What You Know Can Save You Dough!

Smokers and Life Insurance, What You Know Can Save You Dough!

One interesting fact is that some Insurance carriers distinguish between cigarette smokers and those you use tobacco products such as pipes, cigars, chewing tobacco, nicorette gum and nicorette patches as many of these users can still qualify for non tobacco rates with a few select carriers if otherwise medically qualified. Typically an occasional celebratory cigar user 1-2 per month can still qualify for preferred rates. Tobacco usage has always been a risk factor in the underwriting of life insurance. However, based on current information, the true occasional cigar smoker has shown little if any true excess mortality.

Are You Blowing Smoke?

Usually, when you are applying for life insurance, the agent or application will inquire about your smoking habits, and ask you if you are or have smoked in the previous 12-72 months. Typically you will be asked if you have used tobacco products, including cigarettes, cigars, dip, snuff and chewing tobacco during this time period. If you enjoy a good cigar from time to time or smoke just two cigarettes year, you are a smoker by insurance standards, even though the nicotine traces won't show up in your required urine test. How should the occasional smoker answer that question? You should probably let your conscience be your guide. The application you sign becomes part of your policy which is a legal contract between you and the insurance company.

How Do I Determine If I am Qualified for Non Smoker Rates?

Most companies will require you to test negative for nicotine in order to qualify for non-smoker rates. While at others, testing positive for nicotine is acceptable. If you are a smoker and are concerned about paying high premiums for your life insurance, you need to do a bit of comparison-shopping in order to get the best price for your life insurance policy. Many agencies now provide these tools to compare rates online, where hundreds of insurance companies will provide free life insurance quotes for smokers. You should request quotes from a number of companies, then compare what each has to offer. When you are comparing each company quote, there are three things to be aware of: rate, product features and the insurance industry rating. The rate is self-explanatory and the product features refers to the policy itself. The insurance industry rating refers to the insurance company providing the life insurance quote, and a review of companies can be found by visiting the AM Best website. Also, there are insurance companies who specifically cater to high-risk individuals. One of these insurance companies may be able to secure a lower rate for you in your insurance policy

We looked at both nonsmoker and smoker rates from an online insurance quoting service for a 20-year term insurance policy of $150,000 for a 44-year-old male in Florida. A preferred-plus person (a healthy nonsmoker of 5 years or more) would pay $22 to $44 a month, while a standard smoker whom has smoked within the last 12 months (who is healthy, despite the smoking) is charged between $79.00 and $244.

As you can see it can be imperative to do some shopping online with an insurance quote engine. If you are uncertain you should contact a knowledgeable agent to insure proper coverage for your budget. Additionally for those who seek to go it alone, there is the Instant Non Medical protection available that allows you to quote, apply and or pay online for immediate coverage. Even healthy tobacco users can benefit from such an option since under most circumstances they could be charged more for fully underwritten products.

Christopher Beard is a specialist in helping people with insurance and mortgage planning strategies. He is the president of Trinity 1 Financial Group and works with clients with planning mortgage and insurance strategies visit his site at http://www.trinity1financialgroup.com and quote engine at http://golifequote.com Article Source: http://EzineArticles.com/?expert=Christopher_Beard

Cheap Smoker Term Life Insurance - How to Find Cheap Life Insurance Rates Even If You Smoke

Cheap Smoker Term Life Insurance - How to Find Cheap Life Insurance Rates Even If You Smoke

Finding cheap smoker term life insurance is certainly possible if one is willing to put in a little time and effort. While it is general knowledge that smokers will pay higher life insurance premiums than non smokers it is not commonly known that smokers can find cheap life insurance rates of their own if they search around. Read on to find some ways to find affordable smoker term life insurance rates.

Life insurance in America is not a common thing. This may be due to the fact that these kind of insurance, unlike the other ones is associated with age and the needs that a person have when they are about to die. Unfortunately for the everyday American, life insurance is not being purchased that much by the public when in reality is a very important thing to have. Life insurance protects a person or a family from the death of a significant other, husband, dad or head of the household. It is because of the word "death" that many young people don't have this significant insurance in their lives. Most Americans don't think that they will die young and because of this they evade life insurance, it may be because it scares them. The fact of the matter is that a young person should think things twice and purchase life insurance to protect the people that depend upon them.

There are simply steps that you can take when trying to purchase a smokers life insurance policy. Before telling you the steps it is important to highlight that there are two main types of life insurance: term and permanent. Term life insurance is simply a contract made between a company and a person in which the company allows the person to pay premiums for a certain period of time (usually ten or twenty years). If the policy holder dies within those years then the insurance company will have to pay for the amount of money that the policy is worth. On the other hand permanent life insurance is a contract agreement FOR LIFE, in which you pay significant premiums that become savings and at the time of the policy holder's death the beneficiary will take the saving dollars and use them at their own expense.

Term life insurance is what most people get nowadays because it allows them to pay lower premiums, while still being covered for the "risk" of death. Although finding cheap term life insurance is not that hard, there are five steps that you should follow in order to get the policy that you have always wanted.

1. Shop Around: This step is perhaps the most important one if you want to get a cheap term life insurance policy. There are many places and ways of shopping around for a better rate. If you decide to shop around online you can try to go to a search engine like Google or Yahoo and type in cheap term life insurance. You will see instant results and many pages will appear that will let you know they have cheap quotes. You can also visit main websites like MetLife and other big name companies. In order to get a quote from this websites you will have to fill out a questionnaire and then you will be able to receive the price. If you decide to visit main company websites make sure you go visit at least three and look for the best priced quote. You can also choose to go to an online comparison website that will allow you to see many quotes from different companies.

2. Buy When Young: Since term life insurance is a contract for ten or twenty years, the most important thing in order to get good priced premiums is to do it when one is young. The average age of people that fill out these life insurance policies is that of 30, but if you want even lower prices then you could start paying your premiums whenever you want. The younger you are the lower your risk of dying and for this reason the insurance company will give you cheaper rates.

3. Good Health: This goes along the lines of buying the insurance policy when you are young. At a younger age you are at a lower risk of having illnesses or diseases that will drive your premiums up. This means that you will be a lower risk of insuring that someone old that has complicated health. However, if you are of age and have perfect health you should also be able to get pretty good rates, just not as well as those of young people. Just because one smokes does not mean that they cannot do other things to keep themselves as healthy as possible.

4. Check for Price Breaks: This can work to your advantage dramatically. A cheap life insurance policy can also be defined as one that offers the most amount of coverage for a lower amount of money. Most people would go for a $225,000 policy instead of a $250,000 because the first one offers lower coverage and is cheaper. However, if the difference between both of them is only minimal then you should go with the second one because it offers your better coverage for a lower price!

5. Buy Enough to Cover What You Need: To make this tip quick, just make sure that you have enough insurance to cover your family or you dependents in case of your death. Make sure your family is able to have stability and not burden after the main contributor to the household income is gone. A quick rule of thumb is to purchase six to ten times your gross annual income. This will usually allow your family or beneficiary to receive enough money in case of your death.

As you can see finding cheap smokers term life insurance policy should not be a burden for anyone. The younger you buy your policy the better off you will be in the long run and the cheaper your policy will be! Shop around as much as possible, try to check for price breaks and buy enough insurance to protect your dependents in case of an unexpected accident.

The word "death" can send shivers down anyone's spine, just remember that you have options to be covered and help your family in case something horrible happens. So go out and start shopping for a good smoker term life insurance quote because if you follow the tips above, the price at the end of the quote will be less than what you ever imagined!

The best way to find cheap life insurance is to compare quotes so be sure and comparison shop many different insurance companies. Get started finding the best term life insurance today! Article Source: http://EzineArticles.com/?expert=James_J._Robinson

The Impact of Smoking on Life Insurance Policies

The Impact of Smoking on Life Insurance Policies

Everyone knows tobacco is bad for your health. Smoking is bad for you, no matter if you are the smoker or the one standing near the smoker. If you smoke one pack of cigarettes a day, you can lose up to 7 years off your life expectancy. So clearly, ignoring your health while also smoking adds up to a shorter lifespan than for someone who has never taken up smoking. Due to passive smoking more disease are being caused by healthy living people rather than regular smokers.

Smokers are charged a higher price on their Insurance premiums. There is a clear response for anyone questioning why this is happening. The insurance companies want to ensure that they get good value for their investment, especially when seven years is taken out of their life expectancy.

A smoker may develop many complex diseases including ulcers, infertility in women, impotency in men, higher blood pressure, a weaker immune system, emphysema, cancer, heart attacks, and others. Lung cancer, especially, is one of the major reasons for a large amount of deaths. 400,000 individuals die of smoking each year. Just think about how even one cigarette can have lasting impact on somebody's life.

It's futile to debate why smokers pay higher life insurance premiums. Smokers have to pay more because statistics show they die at a younger age. Along with dying younger, they typically have more insurance claims than people who never smoke.

The negative impacts of smoking tobacco on society and the environment are partially addressed by life insurance company premiums. Having a risk is the main issue for more expensive life insurance. Smokers tend to feel sick more often than non-smokers. Fearing the effects of second-hand smoke, non-smokers worry about their health, and the possibilities of developing similar diseases to smokers without ever having lit a cigarette.

The life expectancy of a person directly affects the life insurance rates as there is a higher chance of death of persons prone to more diseases. Insurance companies recognize different types of smokers and set premiums accordingly, which may work in your favor. The history of a person's smoking habits is what determines how he is classified. A non smoker defined as not smoking a single cigarette for five or more years belongs in the "preferred plus" classification.

To be classified as "Preferred" people are required to not have smoked for a minimum of three years but to be classified as standard people are required not to have smoked for a minimum of one year. These make sense, in that "preferred plus" holders pay smaller premiums than those paid by "preferred" holders. You can pay more as a standard holder in order to obtain a bigger premium. Supposing variables like weight, cholesterol and blood pressure are the same in all three classes.

Disclose the fact you smoke, because it will be obvious upon examination. One sure way to bring down your premiums rates is to give up the smoking habit as soon as you can.

Tiffany Provost writes about General Health Care and other Health & Fitness for HowToDoThings.com. Article Source: http://EzineArticles.com/?expert=Tiffany_Provost

Life Insurance For Smokers

Life Insurance For Smokers

Smokers get the highest life insurance premiums among those who are in the three "normal" life insurance categories for risk: standard, preferred, and preferred plus. So if you would be qualified as a Standard risk (you have no major health complications and you're not working for the CIA, but you do like to eat McDonald's twice a week, you don't do much jogging, and you have soda for breakfast) and you smoke, you'll have the highest premiums given to anyone of your gender and age for the amount of death benefit you applied for.

Smokers pay about three times as much for a policy as they would if, all other things being equal, they didn't smoke. And yes, there are Preferred smokers (these are smokers who bicycle and don't eat fast food). They pay higher premiums than their non-smoking Preferred counterparts.

What does it meant to a life insurance company if you are defined as a "smoker"? It means that you use tobacco (other than chew, which might also raise your rates) at least once a year, basically. That's an exaggeration, but if you smoke "only when you drink" or "socially" and you're not an addict, or if you are limited to pipes or cigars, that's all smoking as far as life insurance underwriters are concerned. You are grouped together with those who smoke two packs a day and start levitating if they go for half a day without a smoke. However, if you truly are just a social or occasional smoker, and that gets borne out by the medical examination, you may receive a better basic ranking and get lower premiums than you otherwise would have if you smoked regularly.

But many people try to defraud life insurance companies about their smoking status. This is, of course, to save money. And they can often get away with it, at least at first, because nicotine can be cleared completely out of one's system as long as one goes at least 72 hours without doing any smoking. Some people are willing to suffer for a few days just before their life insurance medical exam in order to get those lower premiums.

Some people also cheat--knowingly or unknowingly--because they will say on their questionnaire that they are a non-smoker because they only smoke "occasionally". Remember, if this gets found out later on by the life insurance company, they will raise your rates up to smoker level. If you die and it gets found out through investigation that you were even an occasional smoker, the company will pay the death benefit minus the amount of premiums it should have collected up to the time of your death.

If you have never smoked or if you have not smoked at all for at least five years, the life insurance industry considers you a non-smoker. If you truly are a non-smoker at the time of application, but after your policy is issued you take up smoking, the life insurance company will look the other way--unless you apply for more insurance, in which case your new policy will carry smoker rates.

Some life insurance companies place random, unannounced phone calls to their newer policy holders to see if they can spy any inconsistencies in what they wrote on their questionnaire. This is done because it's known to them that smokers can and do cheat and they have sometimes gotten away with it. So if you are a smoker--even one who just smokes when she drinks or goes to a party--admit it on your application. It will save you a lot of trouble even though it's no great crime. And it might motivate you to quit smoking so you can get a new policy issued with non-smoker premiums.

The author lives with her husband in Maryland, with their two dogs and cat. She put together the websitehttp://www.affordable-life-insurance-guru.com in order to help the everyday person navigate the often confusing world of life insurance Article Source: http://EzineArticles.com/?expert=Julie_Shields

Life Insurance Tips For Smokers

Life Insurance Tips For Smokers

When it comes to life insurance and cigarette smoking, there is no one carrier or type of coverage that one can predict as being the best value. Though rates for smokers are always higher than non-smokers, the difference increases dramatically as one grows older. Age and gender also affects which carrier is the best value.

What should you disclose about your smoking habits? The short answer is always be truthful because it is in your best interests to do so. Two drugs that insurance companies always test for are nicotine and cocaine. These are very sophisticated tests and can tell the difference between current use and second hand smoke. Remember that there is generally a two year contestability clause in each policy that concerns fraud in the application.

Will any company give non-smoker rates to smokers? Some carriers will give you an inducement to stop smoking by allowing premiums at a "standard" non-smoker rate for three years. This is only on permanent policies. If you have stopped during that time, you may continue with the lower premium,otherwise the rate will increase to smoker rates.

Not all insurance companies consider cigar or pipe smokers to automatically fall into a smokers category, and the differences can be dramatic. This also applies to people using a nicotine patch to assist them in quitting smoking. Most insurance companies will allow a non-smoker rating after one year of no nicotine use, and the rating can improve with time. A good agent will discuss your smoking history in detail prior to suggesting the best value for your needs.

In my experience, most smokers want to stop. In order to qualify for term insurance at non-smoker rates, previous cigarette smokers must have stopped for a minimum of one year. If you have stopped recently, let your physician know and ask that an appropriate notation be made in your record. If you're in this situation you may consider the purchase of a 10 year term policy. It is usually less expensive than a shorter term policy, and there is no reason to pay for a longer guarantee.

Remember, you most likely will be able to get a better rating in a couple of years, and a lower premium even though you are older. Consequently, in most cases there is no reason to pay for a longer guarantee on a policy you plan to replace.

Leonard Robbins has worked in financial services for over 30 years; first as a stockbroker with major NYSE brokerage firms and later owning a securities firm which specialized in investments and insurance for individuals and small businesses. You may contact him at LifeNet Insurance Article Source: http://EzineArticles.com/?expert=Leonard_Robbins