Direct answer
Premiums in your 30s are typically lower than later in life because the risk of mortality is statistically lower for this age group. It depends on your current health status and whether you choose a level-premium policy that locks in that rate for a set term.
Actuarial mortality tables used by insurance underwriters to determine risk profiles. For additional information about how mortality statistics are calculated, see the Society of Actuaries‘ research on actuarial life tables.
What this means for you
Premiums in your 30s are typically lower than later in life because the risk of mortality is statistically lower for this age group. It depends on your current health status and whether you choose a level-premium policy that locks in that rate for a set term.
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