Des Moines, IA (PressExposure) January 11, 2010 -- "I should have paying closer attention to the price increases."
I was just about to sit down to dinner when I was interrupted by a phone call from a determined salesman. He started off the conversation by asking an interesting question. "Do you know why most people overpay for their life insurance?" "The bottum line is most busy people buy a policy, throw it in a drawer and forget about it." "But since you've been too busy to review your coverage you've probably never noticed the scheduled price increases as you get older."
In fact, when I stopped to think about it, I was curious to know if I had fallen into the same trap by not reviewing my own coverage. To tell the truth, I had no idea what I was paying. Let alone, how much my rates were increasing as I got older. O.K.! It was obvious I needed to deal with this problem. But here's the catch. If I make a change and buy a new policy, I'll end up being in the same boat again a year or two from now. BUT, what else is there to do? "At last, an easy way without the hassle!" I read an article in a financial magazine about some guy who cut his life insurance cost in half.
Yeah, right! Give me a break. But being curious, I called the 800# to receive a copy of the free report mentioned in the article. As much as I hate answering machines, I was happy to listen to a recorded message instead of having to speak with a salesman. When the report came..."I finally understood what I, (and everyone else) was doing wrong!"
The report explained that the most costly mistake people make when buying life insurance is they fail to get level rates. In fact, I found out that there are many quality insurance companies that specialize in offering level price policies. Some even have rates that remain the same for 10, 15 or 20, even 35 years. However, finding these type policies is not always easy. There are over 1,893 companies who sell life insurance.
So even if you spend hours of valuable time researching, you would probably drive yourself crazy trying to make sense of it all. Fortunately, this report identifies an insurance company that does offer great prices, level rates and excellent quality. All you have to do is leave your date of birth and coverage amount on the answering machine.
"Two Thumbs up!" "To get your free report call toll free, 1-800-376-4905 24 hours a day, for a free recorded message. There is no charge for this service. And most imprtantly there is no one on the telephone to hassle you." "I must say it's refreshing to see that someone is finally giving the average consumer the scoop about life insurance policies."