Hints & Tips
» Reduce your insurance premiums on your health and home insurance
» How your health can affect your insurance
» The type of cover to suit you, your family and home
» Making sure that your policy pays out
» Tips for taking out insurance
Generally, your Life insurance is calculated by taking your lifestyle into account along with your age and health.
Certain activities or habits will affect the cost of your life insurance, although there are not any specific rules as to what you can and can't do.
As with all insurance, life insurance is calculated on risk factors and the higher your risk because of lifestyle, age and medical history, the more you will have to pay. As a healthy young person you are likely to be considered low risk and the cost of your policy will be lower.
If you are between the ages of 17 and 64 you can apply for a life insurance policy. At 17 you may not have any dependants but if you do have a family or are thinking of starting one then you may wish to think about getting yourself covered so that some financial provision will be made for them should the worst happen. Getting a life insurance policy may provide you and your family with some protection.
