We are all aware of the fact that to have good weight and not smoking will result in a decrease in the rate of life insurance. However, most of us have no idea of what we are really going to save by doing this.
You can reduce your rate by 50% if you reapply after quit smoking for at least 12 months. Insurers will be required to give smokers of double the rate that they are non-smokers.
Expect the reduction of serious in your rates, if you also reduce the weight that is appropriate to your height. If someone previously obese reduced the ideal weight for its size and type that they can achieve reductions of rates up to 50%.
Do you know how much more you pay, because you chose this more practical option? For example, even if it is more convenient to pay by month it costs much more. The additional cost to you could be as high as 20% more at your annual premium. It really is up to you to decide whether the convenience is worth the expense.
Need to check with your agent to see if the difference is a compromise, you agree with. Then and only then would you make a decision informed according to your choice.
You can save even more money on life insurance if you get and compare the offerings of the quotes sites. Get quotes of quotes from at least three sites to increase the odds that you would like to achieve more savings in life insurance.