As simple as it may sound, life insurance rates are heavily dependent upon people living a healthy lifestyle.
From diet and exercise, to reckless (DUI) driving, the rates you pay for life insurance are truly determined by how you live. A few Insurance carriers will even lower the cost of insurance as a person ages if they live a healthy lifestyle; including having a regular doctor checkup, belonging to a gym, having a personal trainer and maintaining the appropriate BMI for one’s height & age!
The way in which a person lives not only effects their life and health insurance rates, but these habits also often spill over into their finances. If a person makes poor eating choices, there is good chance they make poor financial choices.
Poor financial choices lead to bad credit, and bad credit leads to higher interest rates when borrowing money and getting insurance rates. Many people probably don’t know that but bad credit effects your insurance rates.
Health is wealth for sure, but wealth is also health!
You can learn more about the impact on the healthy lifestyle you live, and the amount you will pay for life insurance from:
Nnika Cromwell CPA Based Team Consultant & Life Insurance Advisor 800-465-5975 ext 801