Remember calling for your first insurance quote, and hearing "What is your date of birth, okay, $10 a month for $30,000 face amount of coverage, I will stop by to write the application on Tuesday to at 4pm." I know what you said to the agent was negated but did you miss something other that. The agent never asked about your height or weight or any medications you might be currently taking. This is not a new game, but an old practice. For example, a male who is 5'10, 300 lbs is not select preferred for term life insurance, I do not care what company you attempt to apply for. There are also certain medications such as Prozac for clinical depression that will keep you from being preferred. The Prozac quote is a true story, someone told me another agent quoted them preferred. There are a few agents in this country that will quote a person preferred and they know they are not. It is a disgraceful practice that should not be tolerated.

However we still see this practice used often in group insurance. Agents will give you the best quote available for group health insurance based on your number of employees. You decide the quote is great, you tell any other brokers or agents that contact you, your decision is final. You fill out the applications for the group and you feel good about what you have done. You tell your employees about the great rates, and three days later you receive a call from the agent saying your rates have doubled based upon your employees' medications and health conditions. You don't what to start the process over, you are mad, but decide to go with the plan. The same thing happens to the 300 lbs man. It is all about getting you to fill out the applications to make you fill committed.

In conclusion, the "insurance quotes game" is an ugly game of charades played by a few in the insurance professionals. Do your research, find out how your height and weight and the medications you may take, can influence insurance quotes you receive from agents.

Disclaimer: Always consult a financial profession to determine what coverage is right for you.

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