The insurance company’s underwriters review each application to determine the risk the individual poses to the insurance company. Your premiums are based on your risk profile, as determined by your health, medical, occupational, and lifestyle details. The starting point when you get a quote is just your age, gender, and smoking status, which provides a standard rating price. Many people fall in to this category, as long as they don’t have more significant health concerns. The application fills in the rest of the information to determine if you do qualify for standard rates, or, if you are higher risk, an increased premium. It is important to remember that you always have final authority over your policy. Once the underwriter approves and provides you with the final premium number, you can choose whether you would like to activate the policy or not, so it never hurts to apply and see how things go!