There are several factors that go into determining rates for a life insurance policy.
First, each insurer has their own set of pricing guidelines, so rates on life insurance will vary by insurance carrier.
Next, rates will vary based on the type and amount of life insurance coverage.
Also, your own personal risk factors impact your longevity – how long you are expected to live, the longer the better as far as getting a lower rate. Risk factors may include your gender, age, health, lifestyle, tobacco use, hobbies, occupation, height-to-weight ratio, driving record, etc.
Compare life insurance rates online among several of the leading life insurance companies.
No comments:
Post a Comment