There are two basic types of life insurance: Term and Permanent. Term life costs a lot less because it is temporary coverage for a set period of time; whereas, permanent life insurance is lifetime coverage, and may build up cash value inside the policy over a period of time.
Also, the higher the amount of life insurance coverage you purchase, the higher your premiums.
Other factors affecting your rate for life insurance are personal risk factors; such as, your age, gender, health, hobbies, lifestyle, occupation, driving record, height-to-weight ratio, if you smoke or not, etc.
Basically, the younger an healthier you are, the longer you are expected to live, and the lower your rate for life insurance coverage.
Here's how you can instantly compare the lowest life insurance premiums from several of the leading life insurance carriers.