Given that life insurance covers the policyholder from death and disability, the less chance he or she has of dying or becoming disabled, the less of a risk they are and the cheaper a life insurance quote will be. Thus health, lifestyle and medical history play a big role when getting a life insurance quote.

Whether you’re applying online or over the phone, your life insurer will need the following information when applying for a life insurance quote.

Details of your lifestyle

Your vocational, social and recreational lives contribute a lot to your risk profile on a life insurance quote.  The more risky your activities, the more risk you are to your life insurer. If your vocation is high-risk, that pushes up your life insurance quote, in fact, may even disqualify you from obtaining life insurance. For example, police officers and firefighters require specialist organizations to insure them as a result of their risky professions.

The same applies for recreational activities. The more risky your recreation, the more expensive your life insurance quote will be. Skydiving, for example, pushes up your premiums as does smoking and heavy drinking.

Your medical history

The track record of your health, and that of your family, influences your life insurance quote. The more dread diseases in your family’s medical history the more expensive your life insurance quote will be. Families with dread diseases in their genes pose more of a risk to the life insurance company than those without.

Your current health also influences your life insurance quote. The healthier you are, the cheaper your premiums. Conversely, the poorer your health, the more expensive your premiums, if you still qualify for life insurance. In fact, life insurance policies take 6 months to come into effect for dread disease and death not as a result of accident.

Age

Given that the elderly are more prone to dreaded disease, their life insurance quote will be more expensive. Moreover, older insureds don’t qualify for a payout as high as younger insureds.