1) Someone who buys his / her life insurance policy at fifty would pay far lower than if s / he buys it at 60 all things being equal. Life expectancy is one of the main factors that influence what you pay for life insurance. More people are sentenced to die from higher age brackets within a given period than a younger age bracket.
2) You will get much higher life insurance rates if you are part of a high-risk profession. That is an occupation that exposes you to much danger. You can change occupation and career if you want to lower your life insurance rates.
3) Although it's good to take convenient options, do you know by what factor they raise you life insurance premium? A good example is paying monthly premiums which which costs you much more than paying annually.
Paying your premiums monthly could cost as much as 20% more than paying annually.
You've got to determine if the cost of the convenience is justified. It makes sense to find out by what percentage your life insurance premium will be lowered if the convenient option is removed. You'll be able to make decisions that are in your best interest only when you know what it costs you and what you could save otherwise.
4) Using quotes sites for comparison shopping will enable you to save a lot in life insurance. You'll realize savings if you use just one quotes site. But keep this in mind, you will get more by using at least three. The straightforward logic in this is that you will receive many more life insurance quotes from many more insurers and, therefore, a broader basis for comparison. This increases your chances of getting better rates.