If your lifestyle is too risky, you're in the military or you have unhealthy habits like smoking or drugs.
However, even if you're not the healthiest person out there, there are still ways to save on your life insurance.
1) Don't count on being able to save as much if you are no longer employed. Before you make any big decisions on retiring or becoming unemployed, be sure to check and see if your employer will continue to split life insurance costs with you.
2) Be honest in your responses to questions. If you smoke, you should admit to it rather than trying to hide it. This may cost you at first but will save you money in the long run.
3) Typically, you can pay your life insurance premium once a year, once every half-year, once a quarter, or once a month. Paying quarterly or monthly might seem easier to fit into your budget, but some companies charge high fees for paying premiums frequently. If a company levies high charges for paying more frequently, try budgeting so that you can pay your premium only once or twice a year.
4) If you are in poor health, there are companies that specialize in high-risk applicants, although the premiums for these policies can be expensive and in many cases the face amount is limited. If you are in truly poor health it may be worth considering one of these companies as an alternative and comparing rates.
5) Be careful of "churning." While most life insurance agents are honest, watch out for ones that try to "sell" you too much or get you to sign up for policies you are not comfortable with. Agents only get paid when a sale is made so sometimes they can be overly aggressive.
6) Lose weight! Being overweight costs more than most can imagine - overweight people spend more on life insurance because increases in weight are related to increases in diseases and bad health.
7) Keep your plan flexible! Special clauses known as riders can always be added to your policy. Two common clauses available with term insurance, the renewable and convertible clauses, are especially good to get for those seeking cheap life insurance.
8) All policies are not the same. Some provide lifetime coverage, while others provide coverage for a fixed number of years. Some build up cash values and others do not. Some policies can still offer benefits while you're living. Your choice should be based on your needs and what you can afford, so that you get truly affordable life insurance.
9) Consider low load policies. High immediate cash surrender values are carried as an asset on the corporate books so no assets leave the corporation, reducing your risk. Some life insurance providers also use low load policies to fund employee benefits using corporate dollars.
10) There are often hidden costs in life insurance policies, such as fees and large commissions, that you may not find out about until after you purchase the policy. I recommend hiring a no-fee life insurance advisor to research all this for you and provide an objective analysis.
Top 10 Life Insurance Companies
1.Practice Extreme Self-Care
The first and most important step to finding your passion-filled life's work is to take outrageously good care of yourself! When you feel numb and the only thing that gets you excited is a good long nap, your passion could plop in your lap and you wouldn't even notice it! So start taking excellent care of yourself now. What are some nurturing activities you could do everyday? Enjoy!
2.Listen to Your Body
Do you know how your body says "No?" Many of us have been in jobs and had the unpleasant experience of our body saying "No!" We get sick often, have headaches, stomachaches, neck aches. All kinds of aches and pains! It is hard for our body to lie. That is why lie detectors work so well. So if you want the truth about what your passion listen to your body! Listen for it to say "Yes!" Watch for increased energy (fear is ok too!), excitement and joy.
3.Explore Your Passions
Passion is a feeling so notice them. What subjects, activities, magazines or topics interest you? Have fun with this! Make a list of what you are passionate about and watch for themes. Now, begin exploring your strongest passions.
4.Allow Yourself to Dream
As adults we often stop dreaming in favor of being "realistic." The problem with this is that we lose track of what we REALLY desire. So start dreaming wildly and with abandon. Look at each area of your life and write down an ideal vision of what you truly want that area to be like.
5.Look for Dreams that Have been Following You
Do you have a dream that has been following you? Have you been saying things like, "I would love to start my own business." "Someday I will turn this hobby into a career." Pay close attention to those "clingy" dreams. Often finding your passion-filled work is as simple as looking behind you to see the dreams that are chasing you!
6.Expand Your Vision
Most of us have a small, safe vision for our lives. We are terrified to reach for something greater. Are we worth it? Can we do it? Absolutely! It is time to grow and expand that vision! Find out what gifts you give others. Decide what is really important for you to accomplish. Design the life you desire and take action. A vision comes alive only when we take action towards it!
7.Find Your Genius
All of us have strengths and talents. These are gifts we have had our whole life. We often overlook them because they come so easily to us. When we use and develop these strengths we are working on the "Genius Level." Work on your weaknesses and you will be competent. But develop your unique gifts and you will be a genius!
8.Start Clearing Out Your Choking Beliefs
Often we are stopped from creating our desired life by "Choking Beliefs." They literally choke the life out of our dreams! These beliefs come from past experiences, our parents, teachers or friends telling us we can't or shouldn't do something. It's time to take a look at them and the price we pay for believing that way. Lose the Choking Beliefs! Choose supporting beliefs that breathe new life into your dreams!
9.Make a Plan
All the dreaming in the world will not change your life unless you take action. When you have an idea about what your passionate work would be, start taking the first steps. Make a plan that will help you explore that idea. It is amazing how many doors will start opening for you when you make a plan and take action!
10.Celebrate Your Successes
This is my favorite part--celebrating! Right from the beginning celebrate each small step on your journey to passion-filled work. Why? Well, first, because it is fun! Second, celebrating every success helps you stay focused on your successes and keeps you motivated to move forward.
Both Ian Spellfield & Leanna Fredrich are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
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