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Why do different people pay different levels of premiums?

April 26, 2017different levels pay people premiums

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Why do different people pay different levels of premiums?

1 Answer

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The price you pay for life insurance depends mainly on your age, your health and your lifestyle and occupation. So if you are older, you have health problems, and you are a smoker and you work in a dangerous environment you will always pay more for life insurance than someone who is younger, healthier, a non-smoker in a low risk occupation.