What Factors Affect Life Insurance Premiums?

Are you looking for life insurance?

If so, you may be wondering what factors will affect your life insurance premiums.

Actually, each life insurance company has their own set of underwriting guidelines to determine who they will accept for coverage.

However, their are several common factors each insurance company considers when deciding how much they charge you for life insurance coverage.

Here's some factors for life insurance pricing:

Your age, gender, health, height-to-weight ratio, family health history, occupation, and hobbies, among other things.

In addition, if you smoke you'll probably pay 2-3 times more than a non-smoker for life insurance. If you quit smoking, you may qualify for a non-smoker rate probably within 1-2 years. It definitely pays to quit smoking.

Here's a look at Life Insurance Premiums and how you may save money on your life insurance.

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