INFOGRAPHIC: Impaired Risk and Ratings for Life Insurance

Beautiful Infographic on impaired risk and why you might pay more for life insurance

A life insurance company in Canada will look at many factors when determining whether you are a standard or impaired risk to them. This beautiful infographic helps explain some of the major causes of impaired risk and why life insurance companies charge an extra premium or rating for such impaired risk. If you are currently paying more than the standard rates for your life insurance, this infographic below can help explain how life insurance companies determine the rates for an impaired risk – issuing a rated policy.

Life Guard Insurance can help with impaired risk

At Life Guard Insurance we are a group of life and health insurance brokers across Canada. We have access to over 15 of Canada’s largest life insurance companies. Often, our team of brokers finds that using one life insurance company over another can lessen or even eliminate a rating on your life insurance policy. Please contact us for a free evaluation of your rated life insurance policy to see if we can reduce your impaired risk.

This infographic was uploaded by +Mitch Reynolds, found posted on Infographics Online Directory. If you found this infographic interesting or it made you think, please feel free to share your comments below. Like us on Facebook, giving us a +1 on Google or Tweet this infographic about life insurance impaired risk would be very much appreciated.

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