Question

Why would term life insurance costs be different for two people who are the same age

Answer 1

Answer:

Male vs. Female have different rates with males being higher because they are more likely to need the insurance. Other factors that may be different are if the person has needed to use the insurance before. That person's rates will be higher than the other person the same age.

Answer 2

Answer:

There are different factors that play into the costs.

Explanation:

For example, if you are a male, you tend to be more reckless. It also depends on the job you would be working at.