Arlene Chandler is a freelance writer who enjoys helping others sort through their personal finances. She currently writes about Life Cover from Suncorp.
3 Factors that Will Make Your Life Insurance Premiums Rise
Choosing to invest in life insurance is a decision many people gravitate towards after they accrue a large amount of debt, get married, or, what seems to be the most common motivator, have children. However, while it would be nice to think that all life insurance premiums are equal for those who want to invest in a policy, that’s simply not the case. There are many factors that help insurance advisers determine what a premium will be on a case-by-case basis, and it’s good to inform yourself of what lifestyle habits and health issues you have that might make your premiums higher. Knowing what to expect makes investing in a life insurance policy much easier to plan for, and if you’re about to apply for your first one, here are a few factors that can make your premiums rise.