6 core factors determine the average cost of life insurance — your age, gender, state, tobacco use, coverage amount, and product type. Most life insurance companies offer 6 rate classes as well.
- Preferred Plus
- Standard Plus (some carriers don’t off this class)
- Preferred Smoker
- Standard Smoker Rates
Insurance companies use many factors to estimate your rates which we explain more about below.
So when you ask, how much is life insur