AccuQuote.com Warns Being Dishonest When Applying for Life Insurance Won’t Pay Off in the Long Run

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) July 1, 2011 -- Wheeling, IL (June, 2011) –AccuQuote.com, an expert in online term life insurance shopping and buying,explains that leaving out important details on a life insurance application or being dishonest about personal health and lifestyle information puts a consumer’s family at risk of not being able to receive death benefits.

“Don’t be afraid to tell the truth on your life insurance application,” says Byron Udell, founder and CEO of AccuQuote. “If you only smoke the occasional cigar, or even think you might want to get your pilot license in your lifetime, disclosing these facts during the application process will ensure that your family will collect the death benefit when you die. Otherwise, you risk leaving your family unprotected.”

When submitting an application for life insurance, the carrier requires the agent to ask questions about common health history and lifestyle activities, which people often mayanswer dishonesty hoping to get a better rate, such as:

• Date of birth
• Height
• Weight
• Prescription medications taken
• Past health conditions
• Current health conditions
• Family’s health history
• Engagement in hazardous activities
• Driving record
• Felony convictions
• Financial history

“Because life insurance underwriting guidelines vary among the different life insurance companies, don’t assume that you can’t get an affordable rate based on your health and lifestyle,” says Udell. “If you use tobacco occasionally, one life insurance company may give you a non-smoker rate, while another may charge a significantly higher premium.”

The key to finding affordable life insurance based on your health and lifestyle is to compare life insurance quote rates from an online multi-carrier brokerage firm that has access to the specific underwriting guidelines at various life insurance companies.

Contact AccuQuote for information on life insurance and ways to pay premiums. Call 888-314-4455.

About AccuQuote

AccuQuote helps consumers find the best values in life insurance by combining instant online life insurance quotes with the personal service of unbiased life insurance professionals who answer questions, identify important issues and make meaningful recommendations. The company offers consumers an extensive selection of life insurance products, including term life, whole life, universal life, accidental death, long-term care, disability and selected annuities. AccuQuote.com has many handy insurance tools, including a term life insurance calculator to help consumers determine their life insurance needs, a glossary of industry terminology, a collection of articles and press releases that cover many life insurance topics and a blog that provides opportunities for discussion on life insurance and personal finance. For additional information or to get free quotes for low cost life insurance, please call AccuQuote at 888-314-4455.

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