dreamstime_xxl_18950643It’s no surprise that we think life insurance is a good thing. We’d have it even if we didn’t sell insurance, we just think it’s that important. So we do hope you’ll come in and talk about it, for the sake of your loved ones.

Like all insurance, life insurance is about the odds…what are the odds that you’ll make a claim? There are many determining factors that will determine the type of quote you get.

Age: Much of life insurance is about age, and it comes down to this…how many people your age, all across the country, are dying at your age? That determines your likelihood of dying, and how much we can offer you life insurance for.

Lifestyle: If you have dangerous hobbies, like skydiving or bungee jumping, or have a dangerous occupation like coal miner or lumberjack, your premiums will be higher because you’re no longer being compared to people just across your age, but with those who engage in such activities and their likelihood of death. (Those who cut trees while skydiving will see very high premiums indeed!)

Gender: Women tend to live about five years longer than men, so they’re more likely to outlive a policy and therefore never make a claim on it. This simple fact can have a big impact on the life insurance quotes you get.

Nicotine: This one is pretty obvious. If you’re a nicotine user, your premiums will be higher. This includes chew and vaping as well as traditional cigarettes.

Medical history: We’ll take a look at your medical history as well as your family’s. If your father died of an unexpected heart attack at 50, then your premiums will probably be higher. Likewise if you’ve already had cancer at an early age. Your current physical health is also a large factor, and you might need to undergo a physical in order to get a specific life insurance plan.

These are the most common aspects that will determine what kind of life insurance quotes you will receive. Find out even more by stopping by or calling our Rapid City or Spearfish offices today!