Term Life Insurance San Francisco - The Fine Print
Have you ever taken the time
to read all of the fine print in your term life insurance?
San Francisco is a safe place to live and work, but have
you considered that it may not be your normal activities
that void your policy? Are you living the same life you
were when you started the policy?
Reading through the fine print it is easy to discover that
there are many exclusions that few think about when deciding to
take up a new hobby or outdoor activity. For example, when you
got your policy you may not have had in mind that extreme
sports would come into popularity or that your children want
you to rock climb or sky dive with them, yet many of these
lifestyle changes can impact your term life policy.
The reason for this is because when you first get your
policy you are asked a number of questions about where you
work, your habits, your health, and how you live your life. The
answers you give are given to an underwriter who approves or
denies your policy and sets a premium. If you get a premium
based on one lifestyle and then begin to participate in
another, your premiums are at risk. These changes can be
affected by anything from a weekend hobby to something as
seemingly safe as your travel habits. Heaven forbid that you
decide to get your pilots license for that small plane or start
para-sailing. Sometimes changes as seemingly safe as a new
career can violate the terms of your existing policy.
It is worth taking the time to think for a moment when last
you went over your life with your term life insurance San
Fransisco agent to make certain your policy has been
underwritten for who you are now, not years ago when you first
signed the dotted line.
by Rob Smith 5/17/2013 Call Us
Today (415) 593-5568