Six Things That Raise Your Life Insurance Premiums

While life insurance is generally inexpensive, some actions cause rates to rise. Insurance transfers risk. The more risk an insurer takes on, the higher your costs. Many risks relate directly to an individual's lifestyle. 

Do your best to avoid these six actions in order to keep your premiums low: 

1. Being sedentary. 

In the short-term, being sedentary isn't life threatening. It's when it becomes a lifestyle that it becomes a problem. Combat this problem of modern life by setting an alarm on your cell phone to alert you every 45 minutes. Spend five minutes walking around the office, doing some active chores or some simple exercises to get your blood pumping. 

2. Eating too much fast food or prepackaged foods. 

Life today makes convenience foods a necessary evil. But, do your health a favor and skip the sugar and salt-laden boxed foods. When you need convenience, opt for prewashed salad fixings, stir fry ingredients and fruit platters. Your long-term health will thank you. 

3. Smoking cigars or cigarettes. 

The dangers associated with smoking are well known. For a long time, former smokers couldn't get life insurance coverage for quite a while. Things have changed, but the sooner you quit the better. 

4. Being financially irresponsible. 

In some cases, life insurers consider your credit score when determining your eligibility. Having a high credit score lets the insurer know that you are responsible. If your credit score could use a boost, make an effort to pay down your debt and clean up old, delinquent debts. 

5. Participating in adventure sports. 

A once in a lifetime parachute jump is probably harmless. However, being a card-carrying member of your local parachute club might be reason for insurance companies to increase your rates. By taking part in dangerous activities you risk your chance of dying early. You don't have to give up your hobby. However, realize that it might make it harder to get life insurance. 

6. Remaining overweight. 

Being heavier than what is good for your body poses threats to your health. Diabetes, high blood pressure and heart disease can occur when you are overweight. Talk to your health care provider to find a weight maintenance plan that meets your needs and follow it. Not only will you have a healthier life, you'll probably qualify for lower rates when you lose weight. 

You don't need to wait until you remedy any of these issues to get life insurance. But do check rates once you have taken action. You'll likely find that your premiums are lower due to the positive changes. If you have more questions about life insurance, our online resources can help you get the best coverage.