130 million people in this country are over weight and it is costing them 
millions in higher life insurance premiums.
The life insurance industry is keeping a very close eye on this problem. The simple fact that obesity leads to heart problems and other health issues and alternatively, a shorter life. The insurance companies are not collecting as many years of premium payments as they would with a healthy person. So the insurance companies must raise their premium rates for obese people.
The sad news is, many of these obese people are only a few pounds over the insurance companies scale and could be saving lots of money if they were to lose just a few pounds.
The insurance industry has a simple formula. If you are a certain height, you can only weigh a certain amount. If you are over the weight set for that height, you are simply going to pay more. The more you are over the weight to height ratio, the more you will pay.
Here is a general example of the higher cost an over weight person may pay compared to an average weight person. (This is just an example. It will vary from company to company).
A 40 year old man at 5 feet 11 inches tall, weighing 170 pounds looking for a $500,000 term life insurance policy will pay around $22 per month.
The next individual who is also 40 years old at 5 feet 11 inches tall looking for the same policy but, this person weighs 230 pounds. He can expect to pay around $64 per month.
On a 20 year term life policy, the over weight man can expect to pay over $10,000 more in premium payments than the average weight man.
You should try and keep your height-to-weight ratio as close to ideal for your body style. Not only for your own health reasons but, to also save you thousands of dollars in insurance costs.
If you purchased a life insurance policy when you were over weight and now you have lost the weight and kept it
off, you should have your insurance company reevaluate your height-to-weight ratio. This in turn should lower your monthly premium costs.
If the insurance company tells you they will not do that, simply go looking for a new company. It's sure to save you money.
If by some misfortune, you put the weight back on after getting your new policy, an insurance company CANNOT RAISE YOUR RATES. This would also work the same way for particular health conditions. For instance, if you had cancer and the cancer had completely disappeared, you should take the medical findings to your insurance carrier and demand a lower rate. If they refuse, go shop around.
Obesity in this country is a serious problem. Loose the weight for your health and the money you save is just a bonus.
On both sides of this article you will see ads, These ads are
from insurance companies that are hungry for your business,
and willing to give you a cheap life insurance quote.
Here's why.
The life insurance industry is growing. There are new
companies starting up every year. Competition is getting
fierce! The life insurance companies know that you can
get many cheap life insurance quotes fast and free
over the internet.
This is one of the reasons they have been forced to lower
their rates. BUT, there are still many little tips tricks and
secrets to make sure you get the best possible life insurance
policy for you and your family.
So, keep your credit card in your pocket you won't need it
on this web site. We're here for two reasons.
1. To give you all the information you need to make sure you get the right policy
2. To give you a huge list of life insurance companies, to insure you get a
cheap life insurance quote.
What we suggest you do first is read the articles on this web site. You can find
a list of them in the right hand column and the bottom of every page on the site.
After you've read the articles you will know all the little tricks to buying life
insurance, plus all the little tricks the insurance companies use to try and get
you to buy their life insurance.
After the articles there are four many pages to the site. These will give you a
definition of each particular type of insurance. This will help you decide which
type of life insurance is best for your family situation. They are;
Term Life Insurance Quote
Whole Life Insurance Quote
Universal Life Insurance Quotes
Cheap Life Insurance Quote (Our Home Page)
Author, Keith Ule
This web site is here to help you find a cheap life
insurance quote, and make you a more educated
life insurance buyer. Only the insurance companies
themselves can give you exact details on your
particular policy.
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