How is the cost of my term life insurance determined?

The cost of your term life insurance policy is dependent upon several factors, including but not limited to, your age, health, lifestyle habits, and family heath history. Based on this information, your rate class is determined.

Your life insurance underwriting classification defines how much you will pay for your premium. Because people are unique, they have different rate classes, based upon health and lifestyle characteristics. Some of the specific factors life insurance companies consider are:

• Blood pressure

• Cholesterol level and ratio

• Family medical history

• Hazardous activities

• Driving record

• Travel

The more accurately a life insurance company can assess your level of risk, the more accurately they can assign your rate class. The appropriate rate class means you will pay a term life insurance premium that is specifically suited to you.

Furthermore, underwriting guidelines may vary between life insurance companies so it is important to speak with a licensed life insurance agent to find out which policy is best suited for you.

Start your personalized term life insurance quote online today!

Or, you may call us at 800-586-3072 to speak with one of our licensed life insurance agents directly. They can answer questions and help you determine the right term life insurance policy and coverage amount.

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©2010 Matrix Direct Insurance Services. All Rights Reserved. Matrix Direct, Inc. is a subsidiary of American General Life Insurance Company(AGL) and an affiliate of The United States Life Insurance Company in the City of New York (USL).

Rates current as of 6/1/10. Preferred Plus Underwriting Class, Form #07007, issued by AGL, Houston, TX. Premium charges depend on evidence of insurability. Premiums increase at the end of the guaranteed term if renewed. Death benefit remains level. The policy may be contested for two years from date of issue for material misstatements or omissions on the application. Policy is limited to return of premium paid in the event of suicide within first two years. The underwriting risks, financial and contractual obligations and support functions associated with products issued by AGL are its responsibility. AGL does not solicit business in the state of NY. Policies and riders not available in all states. In NY State, term life insurance is available through USL, Form #07007N. 75% Comparison based on monthly premium rates as of 6/1/10 for a 10 year level term policy, issued at each company’s best published rates for a female, age 30, non-smoker. Agency services provided by Matrix Direct Insurance Services in CA (#0B57619), ME, MA, and OK; Matrix Direct Insurance Agency, Inc. in UT; and Matrix Direct, Inc. in AR (#246412) and all other states, except SD.