Insurance

1. Your life insurance classification determines the rates you'll pay for your life insurance policy. After you apply for a policy, the insurance company will review all of your materials in
underwriting, then assign you a risk class based on your health, build, family health history, hobbies, and occupation.

2. Life insurance companies generally use six health classifications to determine your premiums. However, each company assigns those classifications differently, which is why it's so important to compare insurance quotes to find your best rate.

3. Life insurance classifications reflect how risky you are to insure and determine how much you pay for coverage.

4. The classifications are Preferred Plus, Preferred, Standard Plus, Standard, Table Ratings (Table 2, Table 3, etc.), and To***co/Smoker Ratings.

5. People in Preferred Plus classifications get the lowest rates.

What are the different health classifications?

6. There are six life insurance health classifications:

*Preferred Plus

*Preferred

*Standard Plus

*Standard

*Table ratings (table 2, table 3, etc.)

*To***co/Smoker ratings