Reader’s Question:

My life insurance is from my employer in New Jersey. It is participative as we have to pay half of what the company pays. I pay $100 of the $200 premium. When I added my wife into my plan, my premium became $720. Why is my wife’s insurance premium twice higher than myself? Since my wife is pregnant, I cannot insure her with the other insurance plans.

Ed

Clifton, NJ

Hello there, Ed.

Well I should say that’s quite normal for companies in New Jersey that use the 2-tier system, where there are only 2 options for insurance: Individual and Family. So it is like this…you pay a specific amount A if on individual and B if you are covering any dependents, regardless of the number, whether it’s just your wife or with many kids. Your company, I presume, is using a 2-tier system with your group insurance.

There is also one that called 3-tier system. You see, this 3-tier system can be: employee, employee plus one dependent, or family (which means more that one dependent included). There is even a 4-tier system which can either be: employee, employer plus spouse, employee plus one child, family. The premium gap that you just mentioned is not really overboard…it is just about the normal gap for any 2-tier system. Nevertheless, the premium gaps of these three type of tier system is not really that much different at all.

Sine your wife is still pregnant, then you will have to stick to her insurance under your employer since you don’t want to risk her being uninsured until she gets to deliver. And besides, sticking to what insurance you currently have is not really a bad decision for you too.

Reader question:

I have had to use some medication for psychological problems in the past. Will this affect my Trenton New Jersey NJ life insurance quotes?

Graham

Great question, Graham.

It really depends on the extent of your mental issues and how long you had them, how much of the medication you had to take, and so on. If you just have to pop a pill now and then to calm your nerves, then you probably aren’t going to have much trouble with your Trenton New Jersey NJ life insurance quotes. The same goes if you went through a brief bout of depression. So long as your bout was short, you took what was prescribed to you and reacted well to the medication, then you are good. You might not be able to get preferred plus policies, but a preferred you will.

Now, if you have a longer problem with mental illness, then it could be more difficult for you to get the best Trenton New Jersey NJ life insurance quotes, and you might have to get the standard rates. You can still come out of this pretty good if, again, you are taking all of the medication you need and are doing well and functioning and so on.

take care,

Fashun

Reader question:

I am medically considered to be obese, but I need to get a Newark NJ instan life insurance policy. How can I do this?

Anne

Thank you for asking, Anne.

It is tough to get a Newark NJ instant life insurance policy if you are categorized as being obese, but there are many ways for you to be able to do it, and so don’t give up yet. Whatever way you take, though, will more often than not be pretty expensive, so you should get started on trying to get your weight under control. This means visiting a nutritionist to get yourself on the proper diet, working out an exercise plan, and participating in healthy activities.

Now, as for where you will go to buy your Newark NJ instant life insurance policy, you will probably need to speak to a life insurance advisor so that they can direct you to a company that will insure you. If you just go from company to company applying, you will waste a lot of time, because a lot of them will say no.

The most common type of Newark NJ instant life insurance policy issued to people who are obese is called a rated policy. These are expensive, and you don’t benefit from the full coverage amount until you have been paying in for a few years. For example, if you die the first year you have the policy, then the company only pays 25% of the benefits.

take care,

Fashun

Reader question:

Where can I buy a Jersey City NJ no exam life insurance?

Manny

Thanks for your question, Manny.

Well, you have the excellent ability to acess the internet, which means that you can find your Jersey City NJ no exam life insurance coverage online, and you can do so quickly and relatively cheaply. After all, if you’re going to purchase a no exam life insurance policy, then what is the point of having to travel to an insurance or broker office, when you’re already trying to save money by not having to go to the doctor? If you buy it online, you can do everything from home.

Before you consider buying Jersey City NJ no exam life insurance, though, I caution you very strongly to attempt to make completely sure that no exam coverage is the kind you need. No exam policies are often called guaranteed issue because they are geared towards people who would, in most cases, be denied for insurance coverage.

The advertisements make you think that Jersey City NJ no exam life insurance is easy, hassle free, and cheap, but in all honesty it usually isn’t. Get the quotes so you can make an intelligent decision.

take care,

Fashun

Reader question:

How much is smoker life insurance in Trenton NJ? If I quit smoking, when can I get a regular policy?

Jake

Glad you asked, Jake.

Smoker life insurance in Trenton NJ is usually extremely expensive. It costs several percentage points, sometimes even twice as much, as the life insurance for a otherwise healthy non smoker, and aside from that, you will have more trouble finding a company which will insure you if you smoke heavily. Still, there are many life insurance companies that do.

Quitting smoking in order to get out of paying for smoker life insurance in Trenton NJ is a great, healthy idea, but not quite as immediately rewarding as you might think. In fact, it takes several years of being a non smoker before life insurance companies are willing to welcome you onto the healthy policy holder bandwagon. The reasons for this are many: for one, nicotine is a very addictive substance, and therefore it’s easier to say that you are no longer smoking just a month after you quit, but you can still fall back into the habit pretty quickly. Also, smoking has many long term health effects, and while these do eventually disappear if you stop smoking, it takes several years for them to do is.

So, if you decide to leave behind the cigarettes, then you’re probably looking at about 36 months of non smoking before you can be rated for a standard policy, and 2 more years before you can get preferred policy.

take care,

Fashun