Life Insurance: How much will it cost you?
The cost of your life insurance cover will take into account the
following factors:
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Your age - It is beneficial to take out the cover you need as early as you can. As you get older, taking out a new policy is likely to be more expensive.
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Your health - It makes good sense to get insured while you are in good health. Deteriorating health can result in a higher premium or being denied cover.
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If you smoke - Premiums for smokers are higher than non-smokers due to a greater risk of early death and more serious illnesses among smokers.
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Your term of cover - The cost varies depending on how long you want to be covered for.
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The benefits you choose - If you choose an optional additional benefit, you will incur an extra cost.
