Here is life insurance tip #9 of the series…
Tip #9 To Get Your First Life Insurance is: “Prepare to Answer Lots of Questions When Applying”
Obviously, the quote you would receive from an insurer typically is just an evaluation of what your premium will be.
To get an insurance policy, you’ll have to fill out a lengthy questionnaire.
You’ll be questioned about:
- Your mental health;
- Your age;
- Personal medical history;
- Tobacco use;
- Family medical history.
The insurer too will ask questions regarding your driving history and whether you have a dangerous job or hobbies or doing sports that deliver you more extra of a risk to insure.
And this information is employed to determine what your actual insurance coverage rate will be.