How Life Insurance Work For A 40 Years Old Male | Chris Antrim CLTC

Sample Term Life Insurance Rates - 40 YR Old Male - Boise 

40s are the perfect time to adjust your life insurance needs before your premiums increase. As age is important to every insurance companies.

 Americans at the age of 40 are still in a excellent physical health, therefore life insurance coverage can be still affordable. As premiums depends on the overall health and age of the enrollees it is best to ask an broker or agent to help you determine the possible quotes for your age.

Life Insurance At 40

40s are the perfect time to adjust your life insurance needs before your premiums increase. As age is important to every insurance companies. Americans at the age of 40 are still in a excellent physical health, therefore life insurance coverage can be still affordable. As premiums depends on the overall health and age of the enrollees it is best to ask an broker or agent to help you determine the possible quotes for your age.

Hey Boise quick video today with sample life insurance rates for a 40 yr old male. Call the office or send us a note for any help you may need. Video above! 

Hello, Chris with Boise Health and Life Insurance Agency here in Boise, Idaho.

Hey, today we're gonna do a sample quote or a 40-year-old male here in Idaho for some term life insurance rates, and I'll show you how to do that.

You come to our site, go Idaho insurance dot com, and you can do it right from the home page.

There's a big get a quote, but in there, or you just come down here life insurance and you can send us a message.

You send us a message here.

If you don't want to do an online quote right here, get your quote online, and that will take you there.

There's a video here.

Just press the play here, walk you through how to do this.

But I'm gonna do it Here is well, and then you can get a quote right here.

Embedded in the website is our quarter.

Anyway, let's go ahead and here, and this will take you to a separate, uh, page in a link.

And we just walked through the process here.

Males, so your health is a big one here.

If your overall good health.

Just to be safe, you might want to go right in the middle.

That's a standard.

Plus, uh, this top one here.

Yeah.

Says here only about 10% of people who apply for that get that rating.

If you're an excellent help, no medications, no tobacco.

You could do that when there remember during underwriting.

Depending on the plan, these rates can change.

Nothing is final until the offer comes back from the underwriters.

 In this essence, I'm just gonna go right here.

Uh, if you use tobacco or cannabis, cannabis, and marijuana, they are to tobacco rates.

Just let that be known.

Um, you know, previously it will ask you how long, Because depending on the company, if you've been tobacco-free for up to 12 24 36 months, there are different ratings.

They're the best thing you can do is just quit.

If you're concerned about that, if you are a tobacco user right now, get the coverage when you quit.

And for the underwriting guidelines of how long you've been tobacco-free, we can apply for a rate reduction and get you taking care of their So, uh, for this purpose is I'm just going to put in there never.

I am 63 about 2 15 putting your date of birth.

So I think that should take me about 40. I am not age 40 right now, So this is where you just put it.

The basic information.

You're going to start getting some sample term life insurance rates Here. Here is our coverage.

Slider.

You just slide it This to the coverage amount that you want when you're thinking about how much coverage you need, we have a built-in life insurance calculator right here.

I'll walk you through.

But to be a good rule of thumb is 10 times your annual income.

And there are a couple of reasons for that.

One is just from a lot of underwriting standpoint.

The Underwriters will look at your annual income and 10 times is a good baseline there.

If you start moving past that with larger amounts, they're gonna ask you why.

And that could be for business reasons or some large debt or loans that you have.

Uh, but the rule is in the thought processes.

10 years will give your family or your loved ones in the business that you may own 10 years of that income to cover those bills and make sure everything's taken care of.

So and this could be changed.

So I'm just gonna put this at 500,000 for right now.

This gives a sample rate right here because he can kind of see 10-year term 15 2025 40. And right here it's clipped next, and it's going to come to when we click next, and it will come to this page here.

So you do have to put in your email and phone to move forward.

But don't worry, we do not bother you here.

We're just here to help part of what we do if you can get quotes and no one's gonna pester you, So, uh, just put that information in there and what's gonna happen is you're gonna have your quotes with the companies.

So this shows you the best at the actual rate.

Right now, this is important here.

This is a fully underwritten policy, so keep that in mind.

If you are shy of needles or not wanting to interview with the nurse when I want, there are other options for you but just to kind of show you, you can click right here on the policy details.

It will tell you a little bit about the product.

There's an actual product guy right here in a pdf that you can download and read at your leisure.

You can pay annually and save $12 a year.

Okay, And you can switch it to an annual premium there.

And it tells you, hear about what you're looking at as far as your build and your tobacco usage, so I could go up to 259 lbs at my height and get this standard plus health, uh, category assuming good.

Everything else is getting underway.

Okay, so now you come down here and you see these other companies right now there's this is what this one, this one was.

Most companies are gonna come in there.

They all compete for the same business.

So but there's a couple of companies in here principle being one of them, and Pacific life principle is there is not an exam required.

Now, what that means is you will do a phone interview based upon how you answer those.

They will be determined if you need a full exam.

Okay, So just says not required.

Does not mean it is a guaranteed non med product.

All right.

Not for these rates.

Alright.

What it means is, uh, if you come back with good answers on and it's a fairly healthy, uh, it's a fairly intense questionnaire that they ask you.

You may be possible that you do not have to go through a full exam.

Just just remember that, uh, and then Pacific life.

Okay, this one, the exam is but I like principle because if you can not have to go through that, that would be fantastic.

Uh, and principle is a good company.

I do a lot of business with them.

You say $12 tells you a little bit about the conversion, which is important because with term life that keeps your rates below at the beginning in level throughout the whole period.

So this would be a 10 years level, but you have conversion options And why would you want her?

Maybe convert with the biggest reasons why clients convert is there's a major health event and you know you can't get new insurance.

So if you've got this policy and force, you can convert it within those 10 years and walk in a permanent policy at the underwriting class that you got when you played for this term policy.

So it's a huge deal.

It is.

Every year you want to do a policy review anyway, that's that.

So we're looking at a 10 year for about 33 45 a month.

You come down here and you can switch this.

Let's say you needed it for those your 40. So let's say you want him.

You want this for 25 years to take you to age 65.  How it does change. So there's not principle. A see Your principal will have a 20 year, but they don't have a 25-year product.

So here's principal 48 again that's exams not required.

Pacific life yet so and so for me.

I probably go with the principal for that monthly premium and the option Maybe not having to go through a full-blown medical exam and then and all that means is ah, lengthy health questionnaire from the nurse on an online phone interview.

And then you would have to do blood and urine for laps for the underwriters.

Okay.

Uh, and then if this looks good, all you would do is apply right here.

You would simply fill out this information and click next, and I would walk you through filling out the whole application right online.

Very slick.

It comes to me, then an email comes to you where you can do an e signature and get the policy and the underwriting.

At any point in here, you can invite me or in contact me here so I can help you out.

We can get on the phone together and do a zoom meeting or Google meeting, and I can help walk you through completing this application.

So yeah, and then here's the link.

So you take that and you would email me that link and I get an email anyway, and then my contact information is here anyways, So that is what we're looking at for sample rates for a 40-year-old male for 10 and 20 years.

Give our office call with any questions and hope you're having a good day. Call 208-409-3382

You might to check out our next article about Boise Life Insurance Broker - Smokers Term Life Insurance Quotes - Chris Antrim - Tobacco Rates

Life Insurance At The Age Of 40 In Idaho

When it comes to life insurance, there is no one-size-fits-all policy. The amount of coverage you need and the premium you can afford will vary depending on your age, health, lifestyle, and dependents.

While term life insurance is typically more affordable than whole life insurance, your needs may change as you get older. If you have young children, for example, you may want a policy with a longer term so that your spouse can stay home to care for them if something happens to you.

Once you reach the age of 40, you may also want to consider investing in a whole life insurance policy. This type of policy not only provides death benefits but also builds cash value that can be used later in life for things like retirement income or long-term care expenses.

Factors Affecting Life Insurance Rates

The monthly cost of life insurance is an important consideration for anyone who wants to be sure their family is taken care of financially in the event of their death. Life insurance is not something that people like to think about, but it is a very important decision. There are many factors that go into determining the monthly cost of life insurance, including age, health, and lifestyle. The average monthly cost for life insurance varies depending on these factors, but it is generally between $50 and $100 per month. Life Insurance Rates

The monthly cost of life insurance is an important consideration for anyone who wants to be sure their family is taken care of financially in the event of their death. Life insurance is not something that people like to think about, but it is a very important decision. There are many factors that go into determining the monthly cost of life insurance, including age, health, and lifestyle. The average monthly cost for life insurance varies depending on these factors, but it is generally between $50 and $100 per month.

Thank You!

Original post here: How Life Insurance Work For A 40 Years Old Male | Chris Antrim CLTC