Articles Editor's Blog Reader Mail

Tips to Reducing Life Insurance Premiums Bossier City LA

Life Insurance- How Can I Reduce My Costs. A life insurance guide illustrating ways to reduce the cost and save money on life insurance.

David Bryan Romero (RFC®), CHFC
(318) 795-0660
8848 Youree Drive
Shreveport, LA
Company
Executive Financial Group
Qualifications
Education: Business Background
Years of Experience: 23
Membership
IARFC, MDRT, NAIFA
Services
Invoice, Estate Planning, Business Planning, Portfolio Management, Pension Planning, Executive Compensation Planning, Retirement Planning, Tax Planning, Seminars Work, Employee Benefits, Stocks and Bonds, Mutual Funds, CommOptions, CD Banking, Annuities, Life Insurance, Disability Income Insurance, Long Term Care Insurance, Medical Insurance, Group Insurance, Charitable Planning, Healthcare Accounts, Asset Protection, BuySell, Compensation Plans

Data Provided by:
Mr. Allen A. Weiner (RFC®), CFP, CPA
(504) 838-7272
3525 N. Causeway Boulevard #802
Metairie, LA
Company
Allen A. Weiner CPA, CFP
Qualifications
Education: MA UNIVERSITY OF MISSOURI
Years of Experience: 39
Membership
IARFC, FPA, AICPA
Services
Invoice, Estate Planning, Business Planning, Portfolio Management, Executive Compensation Planning, Retirement Planning, Tax Planning, Tax Returns, Employee Benefits, Stocks and Bonds, Mutual Funds, CD Banking, Annuities, Life Insurance, Long Term Care Insurance, Education Plan, Compensation Plans

Data Provided by:
Michael C. Echols (RFC®), MBA
(318) 366-7370
1800 Riverside Dr
Monroe, LA
Company
Money Concepts
Qualifications
Education: BS, MBA
Years of Experience: 14
Membership
IARFC
Services
Invoice, Business Planning, Portfolio Management, Executive Compensation Planning, personal Coach, Retirement Planning, Stocks and Bonds, Mutual Funds, CD Banking, Annuities, Life Insurance, Business Coach, Asset Protection

Data Provided by:
Mr. Mark K. Mauer (RFC®), LUTCF
(985) 626-6969
1228 Florida Street
Mandeville, LA
Company
Mauer Financial Group, LLC
Qualifications
Education: BA
Years of Experience: 26
Membership
IARFC, MDRT, NAIFA
Services
Invoice, Estate Planning, Business Planning, Portfolio Management, Trustee Service, Pension Planning, personal Coach, Retirement Planning, Medicaid Planning, Tax Planning, Seminars Work, Employee Benefits, Mutual Funds, CommOptions, Annuities, Life Insurance, Disability Income Insurance, Long Term Care Insurance, Medical Insurance, Group Insurance, Auto Home Insurance, Business Coach, Education Plan, Healthcare Accounts, Charitable Foundations, Asset Protection, LiabCover

Data Provided by:
David Bryan Romero (RFC®), CHFC
(318) 795-0660
8848 Youree Drive
Shreveport, LA
Company
Executive Financial Group
Qualifications
Education: Business Background
Years of Experience: 23
Membership
IARFC, MDRT, NAIFA
Services
Invoice, Estate Planning, Business Planning, Portfolio Management, Pension Planning, Executive Compensation Planning, Retirement Planning, Tax Planning, Seminars Work, Employee Benefits, Stocks and Bonds, Mutual Funds, CommOptions, CD Banking, Annuities, Life Insurance, Disability Income Insurance, Long Term Care Insurance, Medical Insurance, Group Insurance, Charitable Planning, Healthcare Accounts, Asset Protection, BuySell, Compensation Plans

Data Provided by:
New York Life Insurance
(318) 227-5013
401 Edwards St Ste 1700
Shreveport, LA
 
Mr. John E. Worrel (RFC®), LUTCF
(504) 831-4494
3200 Ridgelake Drive, Suite 215
Metairie, LA
Company
Acacia Financial Group, LLC
Qualifications
Years of Experience: 15
Membership
IARFC, NAIFA
Services
Invoice, Estate Planning, Business Planning, Portfolio Management, Pension Planning, Executive Compensation Planning, Retirement Planning, Seminars Work, Employee Benefits, Stocks and Bonds, Mutual Funds, CD Banking, Annuities, Life Insurance, Disability Income Insurance, Long Term Care Insurance, Medical Insurance, Group Insurance, Education Plan, Asset Protection, BuySell

Data Provided by:
Chad Olivier
4609 Bluebonnet Blvd
Baton Rouge, LA
Company
Title: CERTIFIED FINANCIAL PLANNER
Company: The Olivier Group, LLC
Type
Investment Advisor Rep: Yes
Education
Northeast LA University/ Finance minor Economics
Years Experience
Years Experience: 14
Service
Annuity Ideas & Strategy Planning,Planning For Personal Finances & Budgeting,Retirement Income Accumulation Planning,Business Income Tax Planning,Fee-Only Comprehensive Financial Planning,Fee Only Portfolio Management,Wealth Engineering,401k Rollover From Employer,Income for Life/ Preserve Principal,Alternative Investments,Annuities,Alternative Asset Class Planning,Investment Consulting & Allocation Design,Insurance & Risk Management Planning,Retirement Income Distribution Planning,Education Fun

Data Provided by:
Kenneth L. Agee (RFC®), CSA
(337) 491-7600
2527 Common Street
Lake Charles, LA
Company
True North Asset Management
Qualifications
Education: BS
Years of Experience: 14
Membership
IARFC
Services
Invoice, Estate Planning, Business Planning, Portfolio Management, Pension Planning, Executive Compensation Planning, Retirement Planning, Tax Planning, Tax Returns, Seminars Work, Employee Benefits, Stocks and Bonds, Mutual Funds, CD Banking, Annuities, Life Insurance, Disability Income Insurance, Long Term Care Insurance, Medical Insurance, Group Insurance, Charitable Planning, Charitable Foundations, Asset Protection, BuySell, Compensation Plans

Data Provided by:
Mr. Adam K. Veron (RFC®), MSFS
(337) 494-3836
1304 Enterprise Blvd.
Lake Charles, LA
Company
Asset Planning & Consulting, LLC
Qualifications
Education: Masters Degree in Financial ServocesSeries 6,7,63,65Louisiana Civil Law NotaryLife and Health insuranceProperty casualty ins. licenseCertified Mutual Fund SpecialistBoard Certified in Estate PlanningCertified Annuity SpecialistBoard Cert
Years of Experience: 14
Membership
IARFC, MDRT, NAIFA
Services
Invoice, Estate Planning, Business Planning, Portfolio Management, Trustee Service, Pension Planning, Executive Compensation Planning, Retirement Planning, Medicaid Planning, Tax Planning, Tax Returns, Seminars Work, Employee Benefits, Stocks and Bonds, Mutual Funds, CD Banking, Annuities, Life Insurance, Disability Income Insurance, Long Term Care Insurance, Medical Insurance, Group Insurance, Auto Home Insurance, Charitable Planning, Healthcare Accounts, Charitable Foundations, Asset Protectio

Data Provided by:
Data Provided by:

Tips to Reducing Life Insurance Premiums

Provided By: 

Reducing Life Insurance Costs

You can control your cost of life insurance to some extent. Here are some tried and true tips:

  1. Always get more than one quote for life insurance. Comparing prices is critical to getting the right life insurance at the right price. I recently got quotes on term life insurance for $250,000. Quotes ranged from about $40 a month to over $80 a month. This is a clear case for shopping around. But don't just buy on price - I compared life insurance companies with similar financial ratings (mostly by A.M. Best), and similar policies. Then, I bought life insurance based on the life insurance policy itself and it's price.
  2. Buy only the life insurance that you need. If you buy more life insurance than you need you will pay more for it - and the chances are in the life insurance company's favor. You are not likely going to collect on that policy. Your chance of being off work for more than 90 days is higher than your chances of dying between the ages of 40 and 64. Keep this in mind.
  1. Consider guaranteed renewal policies if you buy term life insurance . It will cost you a bit more initially, but you won't be paying higher premiums on every renewal.
  2. Buy life insurance while you are healthy. If you buy young you are at the lowest possible risk. If you buy life insurance after you have developed a serious health problem you have just become a bigger risk - and your life insurance premiums are likely to be higher.
  3. Don't smoke. Non-smokers get a discount on a life insurance policy.
  4. Keep a fit weight. If your weight changes substantially - either up or down - the life insurance company will take this as a bad sign. If you keep yourself fit and within a healthy weight range you will likely get a lower life insurance premium.
  5. Buy Group life insurance if you can. Group life insurance is virtually always cheaper than individual life insurance. Check out alumni groups from your college or university. There maybe other ...

Click here to read the rest of this article from Insurance Guide 101

About Us | Contact Us | Link to Us | Privacy Policy | Terms of Use | Insurance Resources | Sitemap