An insurance quote is dependent on how much of a risk you bear. The more risk you are to the insurer the more expensive it will be. The insurer themselves are taking the risk over you in terms of disability and death.
To determine what risk you are to an insurer and therefore your insurance quote, they look at different demographics.
The first of these factors is your gender. This is not a large contributing factor but does influence how much you will pay for your life insurance. It is said that women are less of a risk than men, and therefore men will pay more on an insurance quote.
The next factor is your age. It pays to take out life insurance at a younger age as this ensures that our premiums will be lower through out the payment year. The older you are, the more risk you carry as death becomes closer and that means your premiums on a life insurance quote will be higher.
The health of an individual is very important and a medical exam must be undertaken for an insurance quote. The healthier you are then the less risk you are to an insurer and the insurance quote will be in turn cheaper. If you are a smoker lets say then the price of the insurance quote will be higher.
The hobbies that you engage in will also determine your insurance quote. If you are into extreme activities that you do on a regular basis like skydiving then you may not qualify for life insurance as you risk your own life or you may pay more for a life insurance quote. This is the same for the job you do. If your job involves risk to your own life like a firefighter then your life insurance quote will be more.
If these risks can be reduced for those who already have life insurance, you can reduce the amount you pay on the premiums. It also advised to shop around for a life insurance quote, as it is a competitive market.