Life insurance rates are determined by a series of health, occupational, lifestyle and hereditary factors. Typically, once a contract has been signed, the rate will be secured for the duration of the policy. This means that improved health and medical conditions will not lower one’s life insurance rate unless a new policy is being considered.
The key to scoring lower life insurance rates is to get healthy and stay healthy–before applying for a policy. Here are three simple health tips that can, not only improve one’s health but also help secure a lower life insurance rate for future policies:
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Maintain a Healthy Weight or Weight Loss
Since obesity has become a serious health concern in the U.S., insurance companies place heavy emphasis on height and weight ratio when determining a life insurance rate, so losing even a few pounds could save you money on your life insurance policy.
Eating a Well-Balanced Diet
Maintaining a healthy weight and eating a well-balanced diet go hand-in-hand. Individuals who eat a well-balanced diet are more likely to weigh less and avoid heart disease and diabetes, and thus the high life insurance premiums that come with them.
Does Geico Have life Insurance?
From getting a quote to reviewing your limits Life Quotes, Inc. – offered through the GEICO Insurance Agency – is by your side every step of the way. Our online resources and qualified phone representatives are here to ensure you and your family are protected. We can help with that too.
Get Life Insurance With An Online Life Insurance Quote | GEICO
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Stop Smoking or Using Other Tobacco Related Products
Using any form of tobacco – including chewing tobacco – will increase your insurance rate, regardless of the insurance company. Fortunately, if you quit for the specific time period prior to signing your policy, you may qualify for a lower insurance premium.