How can I get lower rates on term life insurance - are there any discounts available?
Yes, there are some discounts that may be available for term life insurance.
For instance, some insurers offer a multiple policies discount if you have more than one type of insurance with the insurer.
In addition, discounts are offered for better than average health and for a good driving record.
If your lifestyle presents a better than average risk for death sooner than the average life expectancy of a person of your gender, then your rate would be better for life insurance than there standard risk.
Some of the risk factors considered when pricing your life insurance include your gender, health, lifestyle, tobacco use, hobbies, occupation, driving record, height-to-weight ratio, etc.
Here's how you can learn more about getting a
discount on term life insurance.
