How can I lower my life insurance premiums?

Question

Dina Todd · Accepted Answer

Shop around to different companies. Whole life costs more than term due to whole life offering more and lasting longer. Being in better health is another way to lower premiums. Companies charge more in premiums for smokers and people in bad health due to higher risk factors. Brokers can usually help you with your options and show you different companies.

Answered by Dina Todd on June 27, 2026

Broker Licensed in NC

Answered by Dina Todd Life Insurance Agent

Sandra Bailey · Answer

Life insurance is based on age, health conditions & tobacco usage. 

The younger & healthier one is, they’ll get the best rate. This is why it’s best to purchase life insurance on children. 

The question however: “How can you lower your life insurance premiums?” 

If you were a smoker & stop smoking, you can request non-tobacco rates. 

You can get with a broker who can shop various carriers for you in an effort to find a less expensive premium. There are a lot of carriers out here so you can shop around. 

If you’ve had your policy for a long time, you were younger & may not find anything lower. It all depends. Just shop around to find out before giving up.

Pamela Teaford · Answer

There is no clear cut answer to this question.  It depends on what kind of life insurance you have, your health, age, male or female, company you are insured through, and amount of coverage you have.

Alan Gudis · Answer

If any of your risk factors have gone away or gotten better (quit smoking, lost weight, lowered cholesterol/blood pressure), then there is a good chance you can get re-rated.