Sentences with phrase «average life insurance applicant»

To find out exactly how much more, we used a profile of the average life insurance applicant — a 38 year - old male applying for a $ 500,000, 20 - year term policy, which will cost $ 25.37 per month.

Interestingly, the average life insurance applicant in our data set had lower percentages of ailments across the board.

Not exact matches

Preferred Rating Class: One of the best premium rate classes available on life insurance policies for applicants that are determined by underwriting to be in better than average health.

Most insurers can offer discounted life insurance rates to applicants with a combination of much better than average medical test results, no family history of serious diseases, and healthy lifestyle choices.

Preferred Plus Rating Class: The best premium rate class available on life insurance policies for applicants that are determined by underwriting to be in better than average health.

Standard Plus Rating Class: The premium rate class available on life insurance policies for applicants that are determined by underwriting to be of slightly better than average health.

Standard Rating Class: The premium rate class available on life insurance policies for applicants that are determined by underwriting to be of average health.

When applying for life insurance coverage, there are a number of different factors that could cause your premium to increase above that for an average applicant.

Given this, life insurance underwriters will also analyze factors that could possibly cause an applicant to pass away prior to their average life expectancy.

Because HIV is considered a serious health risk that shortens a person's life expectancy, the average cost of life insurance for people with HIV is 3 to 5 times more than what a healthy applicant would pay.

Life insurance applicants in Rhode Island (11.9 %), D.C. (7.9 %) and Hawaii (7.1 %) have much higher rates of asthma than the national average (4.4 %), while applicants in Maine (1.4 %), New Mexico (1.5 %) and Idaho (1.6 %) have much lower rates.

Life insurance applicants in North Dakota (17.4 %), Iowa (12.7 %) and Delaware (10.3 %) have much higher rates of depression than the national average (6.3 %), while applicants in Louisiana (2 %), South Dakota (2.4 %) and Alaska (3.1 %) have much lower rates.

Keep in mind, these figures don't speak to the overall averages of these conditions in each state, but rather the averages among life insurance applicants.

Life insurance applicants in North Dakota (34.8 %), Vermont (28.6 %) and Kansas (27.2 %) have much higher rates of tobacco use than the national average (20.5 %), while applicants in Utah (8.2 %), Idaho (8.2 %) and Hawaii (8.9 %) have much lower rates.

Life insurance applicants in Alabama (23.2 %), Louisiana (22.4 %) and Mississippi (22.2 %) have much higher rates of high blood pressure than the national average (14.6 %), while applicants in Montana (2.1 %), D.C. (6.8 %) and Rhode Island (7.1 %) have much lower rates.

Life insurance applicants, on average, have lower rates of high cholesterol (25 % less than national average), tobacco use (22 %), high blood pressure (14.4 %), diabetes (7.1 %), sleep apnea (4.2 %), asthma (3.6 %) and depression (0.7 %).

Though life insurance applicants are healthier than the average American, it largely depends on where they're from.

Life insurance applicants in Kansas (6.1 %), Louisiana (4.8 %) and North Dakota (4.3 %) have much higher rates of diabetes than the national average (2.3 %), while applicants in Missouri (0.4 %), D.C. (0.6 %) and Wisconsin (0.7 %) have much lower rates.

Life insurance applicants in Iowa (5.5 %), Missouri (5.2 %) and Indiana (4.8 %) have much higher rates of sleep apnea than the national average (2.4 %), while those in Oklahoma (0.8 %), Michigan (1.1 %) and D.C. (1.1 %) have much lower rates.

Below, we illustrated the average monthly cost of $ 250,000, 10 - year term life insurance for an applicant in average or «standard» health.

Life insurance applicants in South Carolina (17.3 %), West Virginia (16.7 %) and Idaho (16.4 %) have much higher rates of high cholesterol than the national average (11.8 %).

Though life insurance applicants seem to be healthier than the average American, those who do have health ailments and / or certain habits end up paying significantly more money for their policies.

In this article, we've shed some light on the cost of term life insurance by providing sample rates by age and gender for applicants in average to excellent health.

In most cases, guaranteed universal life insurance is roughly half of the cost of a comparable whole life insurance policy for an applicant in average health.

Lincoln offers no exam term life insurance to applicants in average to excellent health and they offer extremely competitive rates to tobacco users.

Whole life insurance policies usually offer $ 5,000 to $ 50,000 in coverage and most companies will approve applicants who are in average or better health for their age.