Backdating to save age life insurance when do you go from dating to boyfriend girlfriend

Posted by / 20-Nov-2015 05:43

However, those financial dependencies can be different at you age.Also, the older you get, the more expensive life insurance becomes.I wouldn’t concern yourself with this until you’re ready to apply for coverage.The instant quotes you see on our website are all based on today’s date - so please keep that in mind.

This means that when you place your life insurance policy in force and you’re within 6 months of your next birthday, they’ll actually determine your rates as if you are 1 year older.Which effectively means your rates will be more expensive.However, some life insurance insurance companies use your current age to determine your age.Which means that as long as you place your life insurance in force before your next birthday, your rates will remain the same.Keep in mind that the underwriting process can take 4-8 weeks.

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