“Do Women Live Longer Than Men?” and Answers to other Other Life Insurance Questions
“Do Women Live Longer Than Men?” and Answers to other Other Life Insurance Questions
While many comedians will have clever answers as to why women live longer than men, the fact is they do. Worldwide, the average lifespan for women in 72 years old while men live to 70 years of age on average. In the United States that difference is a bit more dramatic. Women live to an average of 81.1 years of age with men living to 76.1 year old. This is why, on average, life insurance premiums for for women tend to be less than for men.
But gender is not the only aspect that impacts life insurance rates. Here are some answers to common life insurance questions.
Can I save on life insurance by quitting smoking?
Absolutely. You’ll not just save on the cost of cigarettes but those who have quit smoking can save hundreds of dollars annually on life insurance premiums, especially with policies of larger face amounts. Some companies offer increasing savings the longer you have quit smoking, with savings peaking out after five years when most will consider you a “non-smoker”.
When might my hobbies impact life insurance premiums?
Your premiums will be impacted by participating in risky hobbies that can include SCUBA diving, back-country skiing, mountain climbing, skydiving/hang gliding and motorsport racing. The reasons should be reasonably obvious.
Am I too Short for my Weight?
If you are, it will likely affect your life insurance rates. Body weight, build and BMI significantly impact mortality rates. If you are having trouble getting taller you may want to try losing weight instead.
Can comparing life insurance rates make a difference?
Absolutely. It is why working with an independent life insurance agent can make such a difference. Independent agents are not locked into just representing the products of one company. Instead, they have access to multiple companies and compare rates and coverage. This can result in rates that may be preferable for your specific situation.
If you are looking into life insurance, we invite you to contact one of our independent agents with your questions. Request a no-obligation quote. Should you like to proceed, we can help you secure the desired coverage. If you are unsure of your current coverage, connect with us for a free insurance review. We look forward to helping you get the most from your life insurance dollar.
Do you have questions about your insurance? Find an insurance agent near you with our Agent Finder
Search All Blogs
Search All Blogs
Read More Blogs
Six Men Who Captured Hearts: Universally Loved Figures in American Culture
Explore six beloved men in American popular culture.
The Uninsured Gap: Why Small Businesses Are Missing Crucial Protection
Why small businesses need more insurance.
Beyond “How Was Your Day?”: Engaging Your Kids with Deeper Questions
Get your kids talking with these open-ended questions.
The Rise and Fall (and Possible Return?) of the American Minivan
The minivan’s journey: from family icon to potential comeback.
Out with the Old: 7 Home Upgrades That Pay You Back
Upgrade these 7 outdated home features now.
America’s Linked Cities: Six Communities Forever Entwined
Discover America’s famously linked cities.
Navigating Price Increases: How to Retain Customers During Inflationary Times
Retain customers during price increases with these tips.
Beyond the List: What Your Bucket List Really Says About You
The hidden meaning and power of your bucket list.
Taking the Wheel: How You Control Your Car Insurance Costs
Control your car insurance costs with these tips.
Beyond the Walls: Maximizing Your Home’s Outdoor Living Potential
Unlock your home’s outdoor living potential.