DO NOT PURCHASE LIFE
INSURANCE THROUGH
YOUR PLACE OF EMPLOYMENT

If you are paying for life insurance through a group plan at your place of employment, you are most likely paying too much if you are a healthy individual.  If the insurance is FREE, then by all means- - - - TAKE IT!

But, if your employer is taking a chunk of your pay-check every week, your money would be better off spent on an individual policy tailor-made for you.

What is happening with these group life insurance plans through your employer is, your employer and the life insurance company have cut a deal for a universal rate.  There will be one set rate for women and one set rate for the men.

The problem with this is, life insurance companies always charge a higher rate for an unhealthy individual compared to a healthy individual. 

Now, the insurance company is not going to sell a life insurance policy designed for a healthy person, (which is a lower rate), to an unhealthy person.

But, insurance companies are more than happy to sell a policy designed for an unhealthy person to a healthy person.

Insurance companies are out to make money so they are going to design this group policy in the insurance companies favor.

Here's a hypothetical example:  Lets say that every person employed at the place you worked had to go get a physical before they would be allowed to get in on the life insurance plan at work. 

After everyone’s physical, the insurance company decides who is healthy and who is unhealthy.  Now, the insurance company charges the unhealthy people $10 per week for their policy and they charge the healthy people $5 per week.

This is a typical approach when an individual goes out and gets life insurance on their own.  The healthy pay less than the unhealthy.

Now, since there is usually no physical exam associated with your group life insurance plan at work, the insurance company does not want to sell insurance to an unhealthy person at a healthy person’s rate.  So, if a healthy persons rate is usually $5 per week, and an unhealthy persons rate is $10 per week, what the life insurance company will do is just charge each person working for the employer $7.50 per week.

So, you can see, if you're a healthy person, you are actually
paying part of the premiums for the unhealthy people under
that policy through your employer.

So, if you are healthy, keep your money and find a policy
elsewhere that is tailor-made for you.

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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