How Much Does Term Life Insurance Cost?

The question of, “how much does term life insurance cost?” pops up all the time when discussing life insurance with clients.  The answer to the question is not always easy to pin point without getting a term life insurance quote but knowing the factors that will increase your term life insurance cost can save you a bunch of money.

Factors you can Control

While some people are winners of life’s lottery and will naturally be able to keep their term life insurance cost down, there are some factors that you can control.

• Weight – People who are overweight tend to have more health problems and more chronic health problems that lead to death.  Getting your weight down before you purchase life insurance will allow you to reduce your term life insurance cost.
• Smoking – Smoking leads to multiple health problems and raises the risk of death significantly.  If you are currently smoking the sooner you quite the better.  Many companies will allow you to file as a non-smoker after as little as two years.
• Exercise – While it seems counter intuitive you should not be exercising right before you get your brief health exam.  This will raise your blood pressure and potentially cause an increase in why you may get an increase in your term life insurance cost.

Advantages of Getting Term Life Insurance Young

There are some key reasons to get term life insurance while you are young.  While you are more likely to have a lower weight when you are younger the other reason is that most people will have parents and grandparents who are still alive.  This means when they get to questions of family history you can honestly say that you have no family history of cancer or other serious diseases.  Also, because young people tend to live longer than people who are older, you will get lower rates if you are in your twenties and thirties, as opposed to your fifties and sixties.

So How Much Does Term Life Insurance Cost?

Realizing that I cannot provide an answer for any one individual, the truth is term life insurance is cheaper than any other form of life insurance.  The best way to know what your term life insurance cost will be is to get a term life insurance quote.  You can get a term life insurance quote by filling out the form on the side of this page.  At TermLife360.com we will shop all the life insurance companies in your area and allow you to find the best company for your needs.  If you have any questions or if there is any way we can serve you please let us know.