Life insurance premiums are determined basically by the:

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Life insurance premiums are determined by the use of mortality tables, which are statistical tables that provide an estimate of the probability of death at different ages. Insurers use these tables to calculate the likelihood of a policyholder's death and the premium needed to cover the risk. Factors such as age, health status, gender, and lifestyle may also be taken into consideration when determining premiums, but mortality tables are the basis for most of the calculations.

Life Insurance Premiums Are Determined Basically by The