Sentences with phrase «life insurance risk factors»

Life insurance risk factors include your age, gender, lifestyle, tobacco use, driving record, health, height - to - weight ratio, and family health history.

Life insurance risk factors are determined by actuarial science.

Not exact matches

For many retirees a stock stake in the range of 40 % to 60 % in the initial stage of retirement makes sense, although what's right for you will depend on such factors as your risk tolerance, the size of your nest egg, how much income you need to draw from it and what other resources (a pension, cash value life insurance, whatever) you have to fall back on.

Each life insurance company uses different algorithms to determine premiums based an individual's health risks, age and other factors.

Life insurance premiums are calculated based on risk factors.

In underwriting an application for life insurance, the insurance company considers various risk factors.

Life insurance premiums are calculated based on different risk factors a person is exposed to.

Life insurance companies are all different, and that includes their view of certain risk factors.

What we may think of as enjoyable extracurricular activities, life insurance companies can often view as risk factors.

In addition to using your age and the state of your health to determine your rates, another major factor some life insurance companies will use to determine your level of risk is your family history.

Women may pay less for life insurance compared to a man of the same age, health and risk factors.

After all, life insurance is based on risk factors, and the older that you are the greater the risk you present to the insurance company of dying within the term of the policy.

Don't let high blood pressure, cholesterol or other heart disease risk factors stop you from protecting your family with term life insurance.

Each life insurance company sees medical issues (and other risk factors, such as extreme sports) differently.

Edward Petersmarck, national sales consultant with M&O Marketing, was kind enough to break the process down in an example (in this case, someone buying a twenty - year term): «The life insurance actuaries determine the cost of insurance for each of the twenty years in the term based on the insured's age, gender, medical history, lifestyle risk factors and his mortality experience.

While these two types of life insurance can act as a backup plan if you can't get term life insurance, there's a really good chance that you'll find a term life insurance policy that fits your needs and risk factors.

Not only does it have an incredibly high risk factor, it is on a remote location, so you would be away from friends and family, and I doubt you could get a very good life insurance policy!

Your life insurance pricing may be different and is determined by your individual risk factors and the state where you have your primary residence.

Impaired Risk In life insurance underwriting, an impaired risk is an individual who has an unfavorable health condition or history or other factor that makes him or her an above - average risk for coverRisk In life insurance underwriting, an impaired risk is an individual who has an unfavorable health condition or history or other factor that makes him or her an above - average risk for coverrisk is an individual who has an unfavorable health condition or history or other factor that makes him or her an above - average risk for coverrisk for coverage.

Generally speaking, guaranteed issue life insurance will cost a bit more than some other traditional types of life insurance because of the increased risk factor taken on by the insurer.

All in all, there are a number of smaller risk factors that affect life insurance premium rates which you will need to be aware of before trying to obtain a policy.

While auto insurers look at your driving record, life insurance underwriters look for factors that suggest a potential policyholder has a high mortality risk.

But again, simply having sickle cell anemia is not a risk factor 98 % of final expense life insurance companies care about.

Smoking can be a significant factor in determining your level of risk, and life insurance rates for smoking are 200 % — 300 % higher than non smoking rates.

Whenever the risk factor goes down, the best life insurance companies can afford to reduce their rates.

Life insurance companies consider HBP to be an additional risk factor when providing life insurance policies, but it is possible to get affordable life insurance coverage despite your hypertensLife insurance companies consider HBP to be an additional risk factor when providing life insurance policies, but it is possible to get affordable life insurance coverage despite your hypertenslife insurance policies, but it is possible to get affordable life insurance coverage despite your hypertenslife insurance coverage despite your hypertension.

A big factor when it comes to increased premiums in getting term life insurance for parents over 60 is the higher number of health or life style risks as compared to those in their 30s or 40s.

Life Insurance Underwriting Health Classes Defined Life insurance policy underwriting is the process insurance companies use to review an individual's health history, avocations and lifestyle factors to determine their actual risk of mInsurance Underwriting Health Classes Defined Life insurance policy underwriting is the process insurance companies use to review an individual's health history, avocations and lifestyle factors to determine their actual risk of minsurance policy underwriting is the process insurance companies use to review an individual's health history, avocations and lifestyle factors to determine their actual risk of minsurance companies use to review an individual's health history, avocations and lifestyle factors to determine their actual risk of mortality.

Even with some of the common conditions such as high cholesterol or hypertension, if the condition can be controlled to a safe degree and not advance and get worse, a life insurance carrier views this as a reduction of the individual's risk factor.

All of these factors, plus many more, will help your insurance agent get a clear idea of your risks and the coverages you need in order to sufficiently protect you and your trailer, no matter what life throws your way.

Life insurance companies are especially interested in these risk factors and how they impact each individual case.

Having a proper life - insurance strategy will offer you and your family a sense of peace, protection and ultimate well - being, knowing that you have a stronger defense - system against life's unexpected turns and possible risk factors.

The limiting factor with variable life insurance — and all investment in general — is the amount of risk you're willing to accept.

A table rating means you will be paying a higher price for life insurance because certain factors put you outside the normal range of risk classes that the carrier offers.

Life insurance companies use a rating system based on a number of risk factors such as a person's age, use of tobacco, overall health status, occupation and a variety of other considerations.

By knowing the risk factors insurance companies use to determine your life insurance rates, and whether or not your health or lifestyle are considered «high risk,» you can be more prepared for the underwriting process.

After determining your coverage needs, it's nice to know the risk factors underwriters look at and how they'll impact how much you pay for term life insurance.

When a life insurance underwriter looks at certain risk factors, having Type 2 diabetes could potentially signal to the insurer you pose a higher risk of claim.

Life insurance companies work with actuaries who calculate the mortality risk of every single health and lifestyle factor possible to determine how much a person's life is worth to insLife insurance companies work with actuaries who calculate the mortality risk of every single health and lifestyle factor possible to determine how much a person's life is worth to inslife is worth to insure.

By knowing the key factors insurance companies use to evaluate your piloting risk and working with an independent agent that is a specialist, you can find a competitive life insurance policy that will cover you while flying.

During this time, they review the the medical, non-medical and financial risk factors from your life insurance application and medical exam results.

Each life insurance company sees medical issues (and other risk factors, such as extreme sports) differently.

While these two types of life insurance can act as a backup plan if you can't get term life insurance, there's a really good chance that you'll find a term life insurance policy that fits your needs and risk factors.

Edward Petersmarck, national sales consultant with M&O Marketing, was kind enough to break the process down in an example (in this case, someone buying a twenty - year term): «The life insurance actuaries determine the cost of insurance for each of the twenty years in the term based on the insured's age, gender, medical history, lifestyle risk factors and his mortality experience.

Not all life insurance companies evaluate, i.e. underwrite, risk factors in the same manner however.

Additionally, your risk tolerance, income, total assets, expenses and mortality rate are all factors that need to be considered when making a decision about your best options for life insurance as a senior.

When you apply for a life insurance plan, there are dozens of different factors that the insurance company is going to look at to calculate how much of a risk you are to accept for coverage.

What you pay for insurance is largely based on what kind of risk the company predicts you will be, based on known factors like your driving history, the kind of car you drive, how old you are, your gender, your marital status and where you live.

The amount and type of life insurance you need depends on factors such as income, your dependents, debt, lifestyle, and how much risk you are willing to take.

When a life insurance underwriter looks at certain risk factors, having Type 2 diabetes could potentially -LSB-...]