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Tips to Reducing Life Insurance Premiums Kalispell MT

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

New York Life
(406) 471-3377
2602 US Highway 2 East
Kalispell, MT
Alternate Phone Number
406-471-3377
Services
Life Insurance, Financial Planning, Financial Services Professional, Retirement Planning, Investments

New York Life
(406) 471-3377
2602 US Highway 2 East
Kalispell, MT
Alternate Phone Number
406-471-3377
Services
Life Insurance, Financial Planning, Financial Services Professional, Retirement Planning, Investments

American National Insurance Co
(406) 752-8088
1325 US Highway 2 W
Kalispell, MT
 
Hagman John Life Insurance
(406) 434-2006
301 1st St SE
Shelby, MT
 
Bertelsen Insurance Agency & Real Estate Insurance
(406) 293-5748
319A W 9th St
Libby, MT
 
John Shellenberger
P.O Box 4758
Bozeman, MT
Company
Company: Estate Conservation Associates
Education
Franklin & Marshall College A.B.
Stanford University M.A.
Years Experience
Years Experience: 34
Service
Supplemental Medicare Insurance,College Planning,401k Rollover From Employer,Income for Life/ Preserve Principal,Medicare Planning,Annuities,Alternative Asset Class Planning,Investment Consulting & Allocation Design,Insurance & Risk Management Planning,Retirement Income Distribution Planning,Education Funding & Financial Aid Planning,Fee-Only Comprehensive Financial Planning,Long-term Care Insurance,1031 Exchanges,Wealth Engineering,Stock Market Alternative,Wealth Management,Life Insurance,Inves

Data Provided by:
Citizens Insurance
(406) 758-8220
490 W Reserve Dr
Kalispell, MT
 
Duo Financial Services
(406) 452-6918
310 Central Ave W
Great Falls, MT
 
Bishop Insurance Service
(406) 883-5372
302 1st St W
Polson, MT
 
Principal Financial Group-Mike Ostenson
(406) 294-6055
1537 Avenue D
Billings, MT
 
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 ...

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