Does having an occasional smoke with old college buddies make you a high risk candidate for life insurance? How about a glass of wine with dinner? Bungy jumping while on vacation? Skydiving?
I love Krispy Kream Donuts. They are light, fluffy, and delicious. If only a person could live on them…ok, maybe not. In fact, after I had children, I started to look at my eating and other habits with a goal of living a long life and being there for my children. And I realized that to live to 100, I would have to eat right and limit my intake of donuts.
The first question on a life insurance application is about tobacco. Do you smoke, or use any tobacco products? If you haven’t smoked for 2-3 years, you can get non-smoker rates with most companies, which are much less than smoker rates. And that occasional cigar? You’re still considered a non-smoker.
Hobbies like skydiving and piloting your own airplane are considered parts of a risky lifestyle, and could affect your premium on life insurance. We all know that putting ourselves in certain situations increase our chances of dying prematurely.
For some of us it is worth it; others will decide that they are living for another purpose. Either way, getting life insurance can be a wake-up call, and cause you to consider what you are really living for.
Subscribe to:
Post Comments (Atom)
0 comments:
Post a Comment