There are several factors that insurance companies consider when determining the cost of a life insurance policy. Some of the main factors include:

1. Age: As a general rule, the younger and healthier you are when you purchase a policy, the lower your premium will be.
2. Gender: On average, women tend to live longer than men, so their premiums may be slightly lower.
3. Coverage amount: The more coverage you want, the higher your premium will be.
4. Term length: The policy term (i.e., the number of years for which the policy will provide coverage) also affects the premium.
5. Health status: Your overall health and any pre-existing medical conditions will be considered when determining your premium.
6. Lifestyle: Smoking, heavy drinking, and other hazardous habits will increase the premium.
7. Occupation: people working in dangerous fields like pilots, miners, construction workers, etc might have to pay a higher premium
8. Location: people living in highly populated cities might have to pay a higher premium
9. Other coverage: You may be eligible for discounts if you bundle multiple types of insurance, such as home and auto insurance, with your life insurance policy.

Shopping around and comparing different policies and insurance companies to find the best option for you is important.

If you are in need of life insurance in Texas, contact us today. We can help you whether you are located in Houston, Dallas, Fort Worth, Austin, San Antonio or El Paso.