I read MP Dunleavey's article on getting life insurance last week. This weekend I went online in search of a policy. Well to my dismay I was quoted $173/month for a $1 million dollar, 20 year policy. I couldn't figure out why it cost so much when MP is paying only $62. She got her quote from the same websites I used. So I decided to try the second website she recommended. They quoted me $44/month for a Preferred Rating. I didn't qualify for a Preferred Plus rating because I take high blood pressure medication. Sounds great, right? Sure it does, but I won't get that rate. Why? I couldn't even find my height and weight combination on their charts. So I probably will end up paying $173/month and I can't afford that.
I'm bummed, but I look at this as another reason for me to win the Biggest Loser competition at work. In the mean time I have a $50k life insurance policy through my job. I hope that I live long enough to get my weight down significantly and qualify for the $44 policy. If I lose all this weight I'll probably be able to get off my medication and can get an even cheaper policy.