All life insurance companies must have their products approved in a state before the can sell it. In order for the product to be approved in certain states, there are sometimes small variations to the product which can affect the cost. We will only compare and show life insurance products approved in the state you choose. Your date of birth affects your cost of insurance in two ways. It affects the availability and price of insurance.
Every product has a minimum and maximum issue age, or the age for which it is available.
Also, generally speaking, the cost of insurance increases with age. Your age is calculated one of two ways by life insurance companies. Some companies use quote their products based on Age Last or your Actual Age, while other companies use your Nearest Age. This difference only affects you if you are within 6 months of your next birthday, otherwise your Age Last and Nearest Age are the same. Based on your date of birth, we will calculate both your Nearest and Actual age, and quote the rate appropriate for each particular insurance company.