What is a health class for life insurance?

It's a classification that is developed for each applicant for life insurance which is one factor used in determining the rate applied to an applicant's life insurance policy.

Your health is one of the main variables taken into consideration when determining how much you will pay for a life insurance policy.

There are several different health classifications based on your health, family health history, your height-to-weight ratio, use of tobacco, and an...