If you need the lowest rate on your term life insurance plan, you may want to consider the following:
1. How many years do you need term life insurance coverage?
2. How much can you afford to pay?
3. What goal are you trying to accomplish in buying a term life insurance policy?
Basically, the shorter the term, or length, of coverage, the lower the premium. So, a 10 year term life plan will cost you less than a 15 or 20 year term life policy.
In addition, the younger you are when you buy your term life policy the lower the premium, because you have a longer life expectancy.
Also, the amount of life insurance coverage will affect your premium, which means, the higher the amount of life insurance you buy, the higher the premium.
Here's an article that helps to explain how you may find cheap term life insurance policies and where you can compare free, instant quotes for term life insurance.