Every expert has a different opinion on the best way to buy life insurance. The debates range from what kind of insurance is best to what the true purpose of life insurance is.

It can be very confusing.

But there are several strategies that experts agree will get you the best deal on life insurance.

Always be honest

Honesty is the best policy. It may be tempting to lie about your health and medical history. Many people try this in an attempt to be approved.

It doesnt work. Lack of disclosure will always come back to you. If you application and medical records dont match, you will not get a good deal.

Dont deny you smoking. If you have a family history of heart disease or diabetes, report it. You wont receive the best rate, but you wont be rejected either.

Time works in your favor

You can get the best rate on your insurance policies by scheduling your medical tests for first thing in the morning. Many insurance companies actually require this.

Your blood pressure is lower in the morning. Your cholesterol is better and you are less stressed. It is a good idea to avoid salts, sugars, alcohol, drugs, caffeine and exercise before the test.

Exercise can actually through your blood sugar and liver functions off. Go to bed early and get up, have the tests and then eat breakfast.

You can often get better deals toward the end of each financial quarter and at the end of the year. Insurance companies are working to fill there quotas then.

Falling rates can save you

Rates have fallen in the past ten years by 60%. Once you have insurance, you arent locked into that rate forever. You can easily reapply for a lower rate. If you are in good or better health, you could see cheaper rates. A 40 year old male in 1994 would be paying $995 annually for a $500,000 20 year policy. The rate for the same policy is $390 today.

Shop around

The easiest way to get the best deal is to shop around. You can start with an independent agent who can search a wide range of policies for one that fits your needs and budget. Talk to several agents to see who can offer you the best service and best insurance. This a big, important commitment, dont jump before you look.