The rates you are charged for purchasing a life insurance policy have many factors taken into consideration.
There are literally hundreds of life insurance companies in America selling thousands of different life insurance products.
Most all life insurance companies use your age, gender, build, state of residence, occupation, income, family health history, health status, tobacco use, driving record, hobbies and lifestyle to determine a specific rate per $1,000 of coverage to apply to your policy.
So, rates will vary by type and amount of life insurance coverage.
In addition, they will vary by risk factors based on your own specific risks which help the insurer determine your expected longevity - how long you are expected to live.
Learn more about typical rates for life insurance.
There are literally hundreds of life insurance companies in America selling thousands of different life insurance products.
Most all life insurance companies use your age, gender, build, state of residence, occupation, income, family health history, health status, tobacco use, driving record, hobbies and lifestyle to determine a specific rate per $1,000 of coverage to apply to your policy.
So, rates will vary by type and amount of life insurance coverage.
In addition, they will vary by risk factors based on your own specific risks which help the insurer determine your expected longevity - how long you are expected to live.
Learn more about typical rates for life insurance.
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