Coverage Amount
The chosen sum assured directly impacts premium levels. Higher coverage increases premiums, while appropriate coverage aligned with income and liabilities helps maintain practical and sustainable premium payments.

Age
Life insurance premiums depend on the age when coverage begins. Policies purchased earlier generally carry lower premiums, while starting later often results in higher costs.

Gender
Premium pricing may vary by gender based on long-term risk assessment and life expectancy patterns considered during underwriting, influencing rates for certain life insurance plans.

Medical History
Past or existing medical conditions affect premium assessment. Accurate health disclosure during application is essential, as incomplete information can impact policy approval or future claim eligibility.

Lifestyle
Lifestyle habits such as smoking or alcohol consumption influence premium calculation, as higher risk profiles are assessed differently compared to individuals with lower health-related risk factors.

Occupation
Occupational risk plays a role in premium determination. Physically demanding or hazardous roles may attract higher premiums, while low-risk occupations are typically assessed at standard rates.