The easiest way to get the lowest price on your term life policy is to shop and compare instant term insurance quotes online from multiple life insurance carriers.
That way you can instantly see the best pricing objectively, without having to meet with an insurance agent who may only show you pricing from a few insurers he or she works with for life insurance.
Term life offers coverage for a period of either 10, 15, 20, 25 or 30 years. The cheapest rates per $1,000 of term life coverage will be for the shortest term.
The longer your policy term, the higher the rate.
Also, smokers pay up to 5-10 times more for life insurance compared to non-smokers. So, the less you smoke, the better for life insurance.
And, some insurers offer non-smokers rates for people who only smoke once in awhile.
Make sure you tell the truth when answering the questions for your life insurance quotes and coverage.
Here's how to shop for affordable term insurance for smokers.