Case Study #2 Bob
Bob contacted me with an interest in obtaining life insurance to protect his wife and kids, something to help cover the mortgage and replace his income if the worst happened. He first wanted to check with his current auto and home insurance carrier, a well known company that caters specifically to the military market.
I warned Bob that their rates were going to be Smoker rates, but I looked forward to comparing. Now what's interesting is that they did offer some deference to the fact that Bob is a Vaper and not a tobacco smoker. Their vape rates reflected a 25% discount off of their Smoker rate. Now let's compare the numbers!
For a 250,000 30 Year Term plan, Bob's current carrier quoted him $160/month. The quote from Latitude? $62.33/month. That is 61% less and that is why we do this!!
Now, I do credit this other company with giving some deference (25% discount) to Bob's healthy choice and not lumping him in with cigarette smokers. But with their tobacco rate sky high, the discount is symbolic at best.
With most companies sticking Vapers with high smoker rates, it's no wonder some feel like they can't afford to get proper coverage. And that is just sad. Let Latitude help you help yourself. Case closed and another family protected!
Bob contacted me with an interest in obtaining life insurance to protect his wife and kids, something to help cover the mortgage and replace his income if the worst happened. He first wanted to check with his current auto and home insurance carrier, a well known company that caters specifically to the military market.
I warned Bob that their rates were going to be Smoker rates, but I looked forward to comparing. Now what's interesting is that they did offer some deference to the fact that Bob is a Vaper and not a tobacco smoker. Their vape rates reflected a 25% discount off of their Smoker rate. Now let's compare the numbers!
For a 250,000 30 Year Term plan, Bob's current carrier quoted him $160/month. The quote from Latitude? $62.33/month. That is 61% less and that is why we do this!!
Now, I do credit this other company with giving some deference (25% discount) to Bob's healthy choice and not lumping him in with cigarette smokers. But with their tobacco rate sky high, the discount is symbolic at best.
With most companies sticking Vapers with high smoker rates, it's no wonder some feel like they can't afford to get proper coverage. And that is just sad. Let Latitude help you help yourself. Case closed and another family protected!
