You will have to fill out a questionnaire providing details of your experience, how high, how often, and more. Your rating for your life insurance premiums will definitely go up meaning the premium you pay will be more than what you would pay if you did not skydive.
Be prepared for some life insurance companies to decide not to take the risk, which means they would decline you for life insurance coverage.
Or, another possibility is that a life insurance company may offer you coverage excluding skydiving which means if you die from this activity, they would not pay out any claim, it would not be covered by the policy.
Here's how you can learn more about life insurance for high risk people.