term life insurance that fits all of your individual needs. The world of life insurance doesn't have to be difficult. With the right advisor you can give your family the protection they need and have peace of mind. ">Factors that affect term life insurance quotes are: • Age – how old a person is, is a major factor. The older a person is, the chance of them passing away than a younger person is much greater. For this reason, term life insurance quotes for younger people are usually cheaper than those for older people. Therefore a 50 year old man will have to pay higher premiums to get coverage for a life insurance policy than a young man of 25 years. • Health – your health condition is an important consideration. The younger and healthier a person is, the cheaper will be the premium on the policy. This is because the insurance company doesn’t undertake as much risk as it would have as an older person with ill health. If you have a medical condition, you will have to pay a higher premium on your policy. Most insurance companies will ask you to provide them with this personal information. It is best to be honest when providing these facts. • Occupation – if someone’s nature of job provides a threat to their life, then the premium on their policy will be higher. Any dangerous job like that of a miner, fisherman, and construction worker will demand higher premiums on policy. This is because here, again, the insurance company is taking a risk. Safer jobs like that of a librarian, secretary or an artist will give these people the advantage of lower premiums on their term life insurance. The company is undergoing less risk with them as there is no threat to their life as far as their workplace is concerned. • Lifestyle – one’s lifestyle choices also affect the quote for term life insurance policies. These can be whether or not a person smokes, drinks, consumes drugs etc. All people who indulge in such things are prone to higher premiums. Also, your hobbies could influence your quote. If you enjoy life threatening and adventurous sports like mountain climbing, sky diving and bungee jumping; your premium could be higher. This is because you are putting yourself at risk. Here again, one must remember to be honest. In case you do not mention your involvement in such activities and lose your life while doing them, the insurance will be void. You would have spent all that money for a life insurance policy that turned out to be fruitless when your family really needed it. My Insurance Expert will help you find term life insurance that fits all of your individual needs. The world of life insurance doesn't have to be difficult. With the right advisor you can give your family the protection they need and have peace of mind.
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