If you're shopping for term insurance coverage, you may be wondering how your term life coverage is priced.

Pricing for term life insurance takes into consider several key factors to develop your premium.

Some of the main pricing factors include your age, health, type and amount of life insurance you need; as well as, your gender, lifestyle, occupation, hobbies, tobacco use, among other risk factors that may help the life insurer determine your life expectancy.

Since term life insurance is tempo...