Are you or any of the members of your family suffering from a life-threatening disease? Are you involved in some high-risk activities? Does your job require you to be in dangerous situations where your life is on the line? If any of these is true, opt for high-risk life insurance policy without a second thought to secure yourself and your family.
Let’s face it, life insurance is an essential aspect of being a responsible adult. The idea of your family having to downsize or move at a time when they are also dealing with grief and loss is just unthinkable.
The main issue holding people back from obtaining life insurance is the affordability of the monthly premium. You may be surprised to know that life insurance is quite affordable! At least, for most people it is. In some cases, you may need to obtain high-risk life insurance.
So how do you determine whether or not you need conventional life insurance coverage or high-risk life insurance coverage? And if you do need high-risk life insurance, will you actually be able to afford it?
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Most people who are high risk don’t expect to be classified as such. The assumption is that high-risk insurance coverage is for people with a chronic illness, such as diabetes, or a dangerous occupation, such as firefighting. But this is simply not the case.
In fact, there are many reasons why you could wind up being a high-risk policyholder. Some of these factors include your family medical history, having adrenaline-packed hobbies like a sky or scuba diving, or weekend indulgences.
There are national guidelines, for example, for what constitutes high-risk drinking, and sometimes the most innocent of fun activities (kickboxing, or sailing) might put you in a different risk bracket than other people.
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The first step in setting up a life insurance policy is to obtain a life insurance quote, which usually results from an in-depth questionnaire. During this conversation with an agent or insurer, the elephant in the room is, “What if I just don’t tell them that I smoke?” Or bungee jump, or own a speedboat.
While it may be tempting to leave out details about your life, the risk is just too great. If anything happened to you while you were mountain climbing, for example, or if you developed a pulmonary disease resulting from smoking, your insurer would be in their right to refuse to provide a payout to your family.
The good news is that it’s easier than ever to get an affordable, high-risk life insurance plan. Don’t just assume that you will have to pay hundreds of dollars each month to be insured. It could be far, far less than you think.
The absolute best way to find affordable high-risk life insurance is to tell the complete truth about your lifestyle, job, and medical history and then shop around. You need to compare rates between companies, so you don’t end up paying higher premiums than you have to.
Comparing rates doesn’t mean answering endless questionnaires. When you work with us, you can answer questions once, and we’ll do the heavy lifting for you!
What’s more, we’ll match you with the best and most affordable high-risk life insurance provider for your specific needs. We’ve curated a list of the top carriers in this niche industry, so we won’t waste your time with insurers who are not going to give you competitive rates and solid coverage.
Working with us can save you hours on the phone, but not only that: They can navigate the language and nuances of your life insurance quote to help you make the best decision for your particular needs.
Get a fast and free high-risk life insurance quote online now.
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Jessica Fox Jessica Fox has been a freelance writer for five years, with a specialty in health, wellness, and insurance. During this time, she’s written for some of the biggest B2B and B2C brands from around the world. Jessica is also the mother of two young daughters and loves coffee, writing, and working out.
