Ohio OH Life Insurance Question
Reader’s Question:
I am planning to learn how to dive. Will that affect my application for life insurance in Ohio?
Dave
Akron, OH
That’s a great sport, Dave!
I myself am an outdoor person, and had a predicament with my life insurance policy when they found out I am a camper.
Unfortunately, yes, it will affect your application for life insurance, since diving is considered a dangerous activity which can possibly kill you. However, you can relax because it does not mean though that since you dive, you are uninsurable. You are normally asked to disclose this information as this can relatively affect your life insurance premium rates.
So, is there anything else you can do to lower your life insurance premiums in Ohio?
Fortunately, yes, there are other factors that life insurance companies are checking to possibly reduce your life insurance rates. That includes your age bracket, your gender, your current medical status and family’s medical history, among many other factors. Majority of Americans who apply for life insurance policy normally are under the standard rates and only very few get the best life insurance policy rates due to these conditions.
The idea here is, any of your present lifestyle, condition, activities, habits, and health status which shall predetermine your life expectancy will affect the rate of your life insurance policy.
But should you stop diving all for cheap life insurance premiums? In my opinion, I guess you can do without a few dollars for paying your premiums than missing a lot under the sea. The choice is yours, my friend.
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