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Certain suggestions for reducing your costs and obtaining the best life insurance rate usually reduce the quality of coverage you enjoy and are, therefore, NOT wise. I’ll share a better way…

A man who smokes a cigar only about once yearly told a doctor that during an examination. His thinking was that since he only smoked about just once yearly and made this clear to the doctor, this would NOT have any negative effect on his life insurance rate.

The rates he was given showed that his insurer had another view of his once-in-a-while smoking. They gave him a rate that was so high it was roughly twice as high as rates given to non-smokers.

Ordinarily everyone would accept their fate and the rates given once they know the insurance company in question is highly reputable However, he thought otherwise: Smoking once a year did not put him in the same position with two-pack-a-day smokers

He wrote to his insurer requesting that they reduce his rate to that of a non-smoker because he only used the cigar to celebrate special occassion probably once a year His reason was finally accepted by the insurance provider and his rate was reduced by fifty percent.

With the many life insurance providers out there, competition for clients can only be very stiff. For those who have a good case, make sure you benefit from this competition. If you can convince an insurer that you are NOT as bad a risk as they thought you were, they can lower your rate.

Always remember that if you have cogent reasons to believe you really should get cheaper rates, do NOT be afraid to ask your insurer. And, while you’re advised to bargain, make sure you never disclose details that are NOT true You can render your life insurance policy null and void if your insurance carrier can show that you gave them untrue information about yourself