If you've had your eye on that gym membership for a while but have been holding off because of the cost, here's something to consider. Achieving certain fitness goals can lower your life insurance premiums significantly. It is even possible that your extra savings will cover your gym membership.
But how exactly does that work? Why does getting fit give you lower life insurance premiums?
It all has to do with the way life insurance premiums are calculated. When you provide information about your health on a life insurance application, the insurance underwriters take that information and then use statistics and mathematical calculations to assess how big of a risk you are. If you're in good health, you present a low risk to the insurance company and there's less chance that it will have to pay out the death benefit. Therefore, you'll get lower premiums.
When it comes to being fit, the general rule is that people who exercise regularly live a healthier lifestyle than those who don't. Statistically, this lowers their risk to insurance carriers. If you start exercising regularly while everything else has remained stable, you should be eligible for lower premiums. The money you save on premiums can then cover the cost of your gym membership!

Health Benefits of Regular Exercise

Once you start exercising regularly, lower insurance premiums are only the tip of the iceberg. There are so many benefits of exercising, including elevated mood, decreased risk for anxiety and depression, reduced risk of chronic disease, loss of unhealthy weight, stronger muscles and so much more.

Buy Now, Update Later

It's important to note that even if you're not in the best shape, you don't need to put off getting life insurance. Remember, age is a factor too. It's best to get life insurance as young as possible — then, when you can achieve and maintain your fitness goals, you can update your carrier and get better rates.
The one thing that's crucial is that you choose a carrier that will give you maximum rewards for being fit. If you're not sure how to go about researching the many insurance carriers out there, Sproutt has excellent insurance advisors that can help you find the best carrier and policy for your situation.
Sproutt insurance advisors are available to help you determine what kind of life insurance is best for you. Simply answer a few questions and we will find the best-value plan for your lifestyle, needs and budget.