Pricing Factors for Life Insurance

What factors will determine how much I pay for my life insurance policy?

There are several key factors that impact your cost of life insurance including the type of life insurance coverage, the amount of life insurance, your age and gender.

In addition, your personal risk factors affect your price for life insurance, including your health, family health history, occupation, hobbies, lifestyle, tobacco use, driving record, and height-to-weight ratio among other things.

These factors are considered to determine how long you are expected to live. The longer your life expectancy, the lower your premium for life insurance, that's why it's important to lock-in a low rate for life insurance while you are young and healthy - so you can get the coverage you need at an affordable premium.

Here's how to compare instant life insurance premium quotes from several of the leading life insurance companies.