Cheapest New York Life Insurance Quotes Online
Reader question:
I have a pretty serious history of mental health problems. I tried to commit suicide a few years ago and have been taking medication ever since. I’m thinking that the cheapest New York NY life insurance quotes online are completely out of my reach, but am I right?
Jasmine
Great question, Jasmine.
Even though you have attempted to commit suicide in the path, the cheapest New York NY life insurance quotes online might still be availble to you, although it isn’t certain. It’s a good thing that you say a few years, for it’s best to hold on for at least tw years after you have tried to commit suicide before applying for life insurance. Your chances for getting good rates get better after those two years.
However, if you have a suicide attempt, or even more than one, then your life insurance companies will be much more vigilant about your application, and much more likely to charge you higher rates. If you want to still get the cheapest New York NY life insurance quotes online, then you have the burden of proof to show them that you have been undergoing treatment for your mental illness, and that you are stable.
Stability is the main thing. If you can hold down a job, go to your doctor’s appointments, pay your bill, go to school, and so on, then you have a lot of proof backing you up that you aren’t a risk. However, if you get too depressed to work often, have to be hospitalized, and so on, then it’s harder.
take care,
Fashun
Cheap Life Insurance in New York
Reader’s Question:
I’m on a tight budget here in New York but I am still interested to get a life insurance policy, what would be the best kind for me?
Tom
Babylon, NY
Of course everyone would like to get a cheap life insurance policy but the best kind of life insurance would really depend on a few things, namely:
” Your Age.
” Your health background and family’s medical history.
” If you smoke or not.
” The kind of lifestyle you have or the kind of activities you participate in, whether they are hazardous in nature or not.
” If you have any long term financial obligations such as student loans, mortgages etc. of if you are raising a family.
” The amount of life insurance coverage (Face Value) you are buying.
So it would be a very good idea to understand your circumstances based on the above factors to help you understand the kind of life insurance coverage that is right for you. Cheap Life Insurance doesn’t necessarily mean that its the right choice. Remember, this is a long term commitment and you don’t want to throw your money to waste.
If you are on a tight budget and, lets say, you are relatively young and without any life-threatening illnesses, then you would benefit more if you get a term life insurance policy there in New York. Term life insurance is probably the cheapest available life insurance policy, enabling you to take advantage of very high death benefit amounts for a comparably low monthly premium. Plus, you are only required to maintain the policy anywhere from ten to thirty years, depending on your needs.
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