How does pricing for term life insurance work?

Prices on term life policies are determined by considering several factors, including the length of term (duration), amount of life insurance, your age and gender, as well as, your health.

In addition, your lifestyle, tobacco use, driving record, hobbies, occupation, height-to-weight ratio, and family health history may impact the cost of your term life coverage.

The shorter your term (duration of coverage), the lower your annual cost of coverage. Y...
Continue reading ...