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Tag: Why Your Age Makes a Difference When Buying Life Insurance

20
Jun

Why Your Age Makes a Difference When Buying Life Insurance

How your age can directly influence your life insurance.   Generally, life insurance premiums are based on two major factors: your age and health. All other factors being equal, the younger you are, the cheaper your life insurance premium. This is because insurers determine the premium based on risk. Statistically, the younger (and supposedly healthier you are), the lower the

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