The type and amount of life insurance are important in determining your premium.
However, the insurer begins with your personal risk factors that affect your longevity - life expectancy.
Risk factors usually include your gender, age, health, tobacco use, location of residence, driving record, height-to-weight ratio, among other things.
The insurer uses the information provided by your health exam, application for coverage, and review of your MVR to develop a rate per $1,000 of life insurance protection.
Learn more about how life insurance premium is calculated.