When you buy a life insurance policy the insurance company bases your cost of coverage per $1,000 of life insurance on a rate they determine based on your age, health, type and amount of life insurance; as well as, other risk factors.

Your personal risk factors that affect your rate for life insurance may include your lifestyle, tobacco use, occupation, hobbies, driving record, height-to-weight ratio, and family health history, among other things.

These risk factors are considered by the insure...
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Choosing the right amount of life insurance protection for your loved ones is one of the most important decisions you make when purchasing a life insurance policy.

You don;t want to spend more than you need on your life insurance, but you want to get the coverage amount that will meet your goals, and protect your family's future.

How can you go about finding how much life insurance you really need?

It's easy. You can use a life insurance needs calculator. 

You just answer some basic questions abo...
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Every life insurance company has their own set of rates for life insurance coverage based on a person's individual risk factors.

Each individual life insurance company determines it own rates based on information they currently have available to them which may include current trends, past loss experience, and future estimates of losses. 

This allows the life insurance company to offer a quality life insurance product at a competitive rate while remaining profitable.

Almost all ...

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