Co-Founder, TermInsuranceBrokers.com, Goldenzweig Financial Group, Las Vegas, Nevada
Every carrier has their own rates - these are based off a long calculation of actuarial values and mortality tables. Some carriers are more aggressive than others and are willing to take on more risk (in underwriting as well - the evaluation of the risk class they assign to the insured). More aggressive carriers will offer lower rates. More conservative carriers feature higher rates.
So it's hard to say one carrier is just very expensive. They may be cheaper for individuals in great health and more expensive for those with complex medical histories and vice versa. The age of the insured has a lot to do with this process as well - they could be a better carrier for younger individuals and more expensive for older ones and vice versa again.
This is why it's important to look at multiple carriers for your life insurance benefits and compare premium quotes and other factors.
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So it's hard to say one carrier is just very expensive. They may be cheaper for individuals in great health and more expensive for those with complex medical histories and vice versa. The age of the insured has a lot to do with this process as well - they could be a better carrier for younger individuals and more expensive for older ones and vice versa again.
This is why it's important to look at multiple carriers for your life insurance benefits and compare premium quotes and other factors.