Thinking about buying life insurance? Here are some factors that insurance companies use to 
determine your annual premium for a life insurance policy.
Your age-This the biggest factor and I think it obvious to say that the older you are, the more you will pay. Older people will be paying premiums for a shorter amount of time than younger people. As an example, a 45 year old will pay premiums for 40 years where as a 25 year old will pay premiums 60 years.
Your gender-males are more likely to die young than women. So policies for men tend to be higher.
Risky hobbies or activities-if your favorite hobby is sky-diving or mountain climbing or anything that can be considered extreme or dangerous, you can expect to pay higher premiums. You have a greater chance of dropping dead.
Your health-if you are healthy and do not have a family history of serious diseases, you can presume you will have lower premiums. But, if you are a smoker or have cancer or other serious disease in your family history, your premiums can be higher.
So if your considering buying a life insurance policy, buy it sooner than later for lower annual premiums.