Why have life insurance rates fallen dramatically in recent years?
Statistics prove that people are living longer, healthier lives due to the advances in medical care. This means that the need to charge high rates is simply unnecessary because the risk is much lower. In addition, the health criteria to qualify for traditional term life insurance is much stricter than it used to be. Depending on the type of policy, many life insurance companies require a medical exam. The medical exam allows underwriters to obtain better information about your health and lifestyle. The healthier you are, the lower your term life insurance rate. Here are some life insurance exam tips. The internet has also had a huge impact on life insurance rates.
