When shopping for life insurance, the cost is a significant factor in your decision. A number of lifestyle factors influence insurance rates, many of which you have control over. Keep these factors in mind to help you negotiate for affordable insurance.

Which Lifestyle Factors Affect Life Insurance Costs?

1. Smoking

People who smoke are at a greater risk of developing serious health conditions like heart disease, stroke, and lung cancer. Because of these risks, insurance agencies charge smokers much higher rates than non-smokers.

2. General Health

When applying for a policy, you’ll be required to undergo a physical exam. These exams cover a number of areas, including blood pressure, cholesterol level, and weight. When you’re in good health, you can expect a lower premium. Properly managing chronic conditions, such as diabetes, can also play a role in how your policy is priced.

3. Hobbies

Certain hobbies put people at greater risk of injury and death, like rock climbing, sky diving, and motorcycle riding. Even if you play it safe when participating in these activities and follow all pertinent regulations, you’ll still receive a higher insurance rate.

4. Driving Record

If you have a record of crashes and violations, a life insurance agency will consider you a higher risk. Most companies investigate a five-year period before your application to determine your driving record. To receive better rates, drive defensively and avoid speeding and other road violations.

If you’re looking for life insurance to protect your family, turn to Mutual Underwriters. Serving Hawaii residents since 1958 from Honolulu, Waipahu, Maui, Kona, and Hilo, these insurance agents offer coverage for life, auto, business, home, and disability. Schedule a consultation today by calling (808) 532-2888, or learn more about their insurance policy offerings by visiting the website. You can also find more insurance tips on their Facebook page.