Factors That Affect Life Insurance Quotes

The price of a life insurance policy can vary dramatically often running from $132 to $9,696 per year. There are many reasons for those price differences, because a lot of factors affect Life Insurance Quotes.

By understanding what factors influence life insurance prices, it is easy to adopt the quotation process with the right mindset. Usually versions are related to health and death risks that exist within specific groups and are less than an issue in others. Here is a look at the points that can change Life Insurance Quotes.


Because life insurance is paid on death, those who have a short remaining life are considered risky for high costs .

While this is not the only point an insurance provider will consider a person’s current age there is a major factor when estimating their remaining lifespan.

The most important factor affecting the resulting life insurance quote is the age of the applicant.


Another influential factor that affects life insurance quotes is the gender of the applicant.

The average life expectancy for a woman is about six years longer than for a man.

As a result, women may see lower rates listed on their life insurance quotes, when their remaining lifespan is often considered longer than that of men of the same age with similar risk profiles.

Smoking Status

Overall smokers pay an average of 2-15% more for their coverage than non-smokers.

The main reason is that smoking is associated with many health conditions including many that shorten a person’s lifespan.

Although exactly how much difference smokes depends on certain factors .

Life Insurance

For example the frequency or quantity of cigarettes smoked may play a role in pricing.

The type of smoke a person smokes such as they smoke cigarettes or cigars or if they use vapes instead can also play a role.

Even former smokers may see higher rates depending on how long they quit earlier.

Finally other types of tobacco use such as using dip can also have a high quoted value as they also come with health risks.


Specific lifestyle choices are associated with a higher risk of premature death.

A prime example is participating in a high-risk job. Logger roof commercial pilot agricultural equipment operators and many other professionals are at greater risk of injury and accidental death than others for example based on a report from USA TODAY

Consequently insurers will look at an individual’s business when determining how much to charge.

Additionally participating in high-risk hobbies can lead to higher Life Insurance Quotes.

Car racing rock climbing and similar activities are prime examples although other hobbies can also lead to increased premiums.

Medical History

Life insurance providers check the applicant’s medical history to identify risks that may shorten the individual’s lifespan.

With individual health conditions they will check the applicant’s family history.

The reason for the latter is that certain medical conditions are more likely to develop if a person has a family member with the disease.

As a result a healthy person can see higher rates if they have a family history of conditions such as heart failure cancer stroke and other diseases.

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