How to Money · Monday, June 29, 2026
An anonymous listener shares a 'money win' where they were able to significantly reduce their life insurance premiums after losing weight. They were able to re-quote their existing policy and are seeking a further discount after maintaining a healthy weight for two more years.
“I wanted to share a money win. Several years ago, I bought a thirty year term life insurance, but my premium was surcharged because I was overweight. Over the last two years, I've lost the extra weight and was able to re quote my existing policy and obtain a quote for a new one that's about five hundred dollars a year cheaper.”
“He says, I'm still not getting the best rates because of the history, but I was told that if I could maintain a healthy weight for two more years, I could ask them to rerate me again for a further discount noise.”
“So if you've had a positive change in your health, consider requoting or asking for a rerating for your life insurance policy.”