Life Insurance premiums are based on your health rating. This means that the younger and healthier you are, the better your rate will be. There are 4 basic categories. For now, you can follow this guide to estimate which is the right one for you. *Note, these descriptions are generally based on people who haven't used any form of tobacco for about 5 years.
Excellent Health, 2nd-best rates.
This category is similar to the Preferred Plus, but allows a bit more elbow room on things like blood pressure, cholesterol, and weight.
You'll t in here if you're generally healthy, but don't quite meet the Preferred requirements.
This is how long your policy and coverage will last, as long as you continue to make payments. Your rate will be locked in for this entire duration of the policy.