Some of the risk classifications for rates on life insurance include preferred risk, standard, and high risk, among others.
The higher the risk presented by your occupation, hobbies, or lifestyle, the higher your rate for life insurance.
The good news is there are life insurance that offer high risk coverage, but the rate you pay may be higher than you might have expected, depending the the risk presented by your job or hobby.
Obviously, a fireman or sky diver presents a high risk for life insurance, than someone who works in an office and doesn't take part in high risk activities.
Anything that would present the possibility of a shorter life expectancy, a greater possibility of death at a younger age, would be considered an increased risk when it comes to insuring someone for life insurance.
Here's how you can compare life insurance rates among several leading life insurance carriers to find out which insurance company may offer you the best price on your life insurance plan.