What factors will have an affect on the price I pay for my life insurance coverage?

The type of life insurance plan and the amount of life insurance coverage you buy will have an affect on your overall premium.

In addition, your own personal risk factors will impact your rate for life insurance.

Risk factors are indicators of your longevity, how long you are expected to live. Each risk factors plays a part in determining your rate for life insurance. 

For instance, tobacco use is one main risk fa...
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Testing positive for HIV after your Life Insurance policy is "In Force" has no affect on your life insurance coverage. Once the life insurance policy is issued the life insurance company can not change it because your heath has changed.

Testing positive for HIV before applying for a life insurance policy will be a decline with most insurance companies but not all.

Testing positive for HIV during an Insurance Health Exam will be a decline or at best postponed till you are rec...

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Yes, your cholesterol levels may impact your approval and the rate you pay for your life insurance policy.

Since high cholesterol is an indicator of possible future health problems, a high cholesterol level may increase the rate you pay for your life insurance policy.

However, your age and how your high cholesterol is managed will also have an affect on your life insurance rate.

The insurance company all also consider your height-to-weight ratio, if you smoke, and what prescription you take to h...
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When you apply for life insurance you answer some questions about your health and personal risk factor, such as, if you smoke, your height to weight ratio, and your driving record, among other things.

These risk factors impact your acceptance and rate for life insurance.

The insurance company wants to determine what kind of risk you present for life insurance - they do this by reviewing your risk factors and how these will impact your longevity - how long you are expected to live.

If you have a ...
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A DUI may affect a person's rate for life insurance, or the ability to qualify for life insurance policies, for up to 3 to 10 years.

The amount of time depends on the life insurance policy and the insurance company guidelines for DUI's.

Some No Exam life insurance policies will delay until two years after the DUI occurs. Other no exam life insurance plans and carriers may not count the DUI unless drug or alcohol treatment was needed as a result of the DUI. However, some life ...

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Yes, pregnancy may affect your ability to qualify for life insurance coverage.

If you are in the third trimester of your pregnancy, most medically underwritten life insurance carriers will ask you to postpone applying for your life insurance policy until after the birth of your baby.

Some No Exam life insurance policies may accept an application into the third trimester as long as the weight and other guidelines are met.

In the first two trimesters of your pregnancy, it varies ...

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