All insurance is assessed by actuaries and takes various risk factors into account. To find out how to find affordable life insurance, let’s make a couple of comparisons. The middle-aged woman who lives in the country and drives a sensible car will pay far less car insurance than a teenager living in a heavily populated metropolitan area who drives an expensive muscle car, and it is exactly the same with best affordable life insurance. Thirty-year-old identical twin males you might think will pay exactly the same life insurance premiums, but that would only occur if their lifestyles were equal.
The difference in premiums that the clients will pay:
If one is a smoker who has a dangerous job and also has a history of heart problems, then you can probably see why he would pay more than his brother, who is a married, non-smoking banker. The first carried far more risk. Actuaries have to work from statistics and monitor the health and lifestyles of individuals, taking into account where they live, what they do for a living, their past health history, whether they are married or single, and whether they have any dangerous pastimes. If you are a twenty-year-old non-smoker, your premiums will be low, but as you get older, the length of your life is decreasing and the premiums will rise accordingly.
So, basically how to find the best cash value life insurance depends a lot on you. Smokers die quicker than non-smokers, so quit smoking. After 12 months of being tobacco-free, your insurance premiums will plummet as your life expectancy has risen accordingly. Do not try to fool the life insurance company, they do run tests, often blood or urinalysis to see if you are indeed tobacco-free. If you are married, your life expectancy goes up, especially if you are male. Married men live longer than single men live because they are more stable and are generally healthier.
Who can get the best affordable life insurance?
You will be able to get the best affordable life insurance if you are just the average person who is married, making mortgage payments and with a good health history and a non-smoker. Everything you tell the insurance company is treated with the strictest confidence. So, you should be very honest. You may be asked to undergo a medical examination in some cases, but if you have been honest, then this would not be a problem, and the insurance company will pick up the bill for the examination.
