Why Is Life Insurance Cheaper For Women? 
On average , women have a longer life expectancy . The longer one is expected to live , the less the life insurance rate will be based on a level premium paid for life . Insurance companies start with average rates based on gender , age and tobacco use and then underwrite individually to come up with a price based on those rates which may be better than average -LRB- preferred -RRB- or below average -LRB- substandard or rated -RRB- . 