How to Qualify for Life Insurance Discounts

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Last updated on: January 21, 2021
Life Insurance Discounts

Let’s face it—life insurance can seem costly! In today’s unprecedented times, it’s always great to save some cash wherever you can. Now more than ever, securing a life insurance policy that will cover essential expenses for your loved one in the event that you’re no longer around is crucial. 

If you’re interested in purchasing a life insurance plan, read on for how to get a discount on life insurance, as well as how to find the right life insurance agency for your needs. 

Tips for Life Insurance Discounts

There are a number of things you can do to ensure you’re getting the best value for your money when it comes to getting a discount on life insurance. 

  • Health Matters—Leading a healthy lifestyle can benefit you in more ways than one! Save more money on a life insurance policy with discounts for things like being a non-smoker, exercising regularly, and more. Be sure to inquire with your insurance agent about any other health-related factors that may work in your favor. 
  • Lifestyle Discount—Being active is always a plus when it comes to your personal health as well as scoring a lower life insurance rate. However, regularly participating in activities that are considered to be “extreme”, such as rock-climbing or skydiving, can actually have the opposite effect. These activities are, naturally, considered to be more dangerous and a bigger risk for the life insurance agency to take on when insuring you. If you enjoyed these activities when your plan was put in place, but no longer do, let your provider know so you can enjoy a rate reduction to accompany your safer lifestyle. 
  • Marriage Discount—Say “I do!” to a lower life insurance rate. Since research has historically supported the theory that married people tend to live longer than single people, most life insurance policies will offer a discount to consumers who are legally married.  
  • Group Membership Discount—Belonging to certain groups or organizations can also raise your chances of getting a reduced rate on your life insurance policy. For example, being an active or former member of the military, a student, teacher, or member of a number of professional organizations can help you save. Be sure to ask your insurance provider about professional or group membership discounts that may be available. 
  • Homeowner Discount—Owning a home may provide some return on your investment! Let your insurance agent know about your homeownership status for additional potential savings on a life insurance policy. 

Now that you’ve learned some ways to save money on a life insurance policy, it’s time to find the perfect provider. Alchemy Insurance will shop around for you and find the best quotes available from reputable, reliable insurance carriers. An Alchemy agent can help you make the best decision for yourself and your loved ones. In Pennsylvania, Alchemy Insurance Agency has been successfully connecting satisfied customers with trusted providers for over 30 years. When it comes to such an important policy, you need an expert team you can truly trust—and that’s Alchemy. 

Are you ready to start shopping for the best, most affordable full-coverage life insurance policy? The search stops here! Alchemy Insurance Agency is the top provider in Pennsylvania. Call or visit to get your free quote today

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