When it comes time to shop for life insurance, you may be confused by the options you are presented with. If you have been misinformed about life insurance, you may make the wrong decision when choosing your plan. Consider the following myths about life insurance and make a smart choice today.
Myth: You Cannot Be in Bad Health
Many people think that you must be in perfect health to have a life insurance policy. When you apply for your life insurance policy, if you are in good health, you will pay lower rates than someone who is not in good health. You can obtain coverage when you are in bad health, but you should expect your premiums to be much higher than the average policy.