There are several factors that can affect life insurance premiums in Canada. Here are some of the most important factors to consider:

1. Age: Your age can have a significant impact on your life insurance premiums. Generally, younger individuals pay lower premiums than older individuals, as they are considered lower risk.
2. Health status: Your health status is one of the most important factors that insurers consider when setting premiums. Individuals with pre-existing health conditions or who engage in high-risk behaviors, such as smoking, may pay higher premiums.
3. Lifestyle: Insurers also consider lifestyle factors, such as your occupation, hobbies, and travel plans. Individuals who engage in high-risk activities or who have dangerous jobs may pay higher premiums.
4. Gender: While gender-neutral life insurance pricing is becoming more common, historically, women have paid lower premiums than men, as they tend to live longer and have lower rates of certain health conditions.
5. Type of policy: The type of life insurance policy you choose can also affect your premiums. Term life insurance policies are generally more affordable than permanent life insurance policies, and policies with higher death benefits or additional riders may have higher premiums.
6. Coverage amount: The amount of coverage you need can also affect your premiums. Generally, the higher the death benefit, the higher the premium.
7. Family medical history: Your family medical history can also impact your premiums, as insurers may consider your risk for hereditary health conditions.
8. Credit score: While not all insurers consider credit scores, some may use them to assess your overall risk.
9. Length of policy term: The length of the policy term can also affect your premiums. Generally, longer policy terms result in higher premiums.
10. Geographic location: Your geographic location can also impact your life insurance premiums, as some regions may have higher rates of certain health conditions or lifestyle factors that can impact risk.
11. Family status: Your family status can also be a factor, as insurers may consider your dependents and financial obligations when setting premiums.
12. Occupation: Your occupation can also affect your premiums, as certain jobs may be considered higher risk than others. For example, individuals who work in high-risk industries, such as mining or construction, may pay higher premiums than those who work in low-risk industries, such as education or administration.
13. Medical exam results: If you are required to take a medical exam as part of the underwriting process, the results of that exam can also affect your premiums. If the exam reveals any health issues or risk factors, you may pay higher premiums.
14. Payment frequency: The frequency with which you pay your premiums can also impact the overall cost of your policy. Paying your premiums annually may result in lower overall costs than paying them monthly or quarterly.
15. Driving record: If you have a history of traffic violations or accidents, this may impact your premiums if you choose to include an accidental death benefit or if you use your vehicle for work.
16. Smoker status: Smoking is one of the most significant factors that can impact life insurance premiums. Smokers are generally considered higher risk than non-smokers and may pay significantly higher premiums.
17. Alcohol consumption: If you consume alcohol in excess or have a history of alcohol abuse, this may impact your premiums and may be considered a risk factor by insurers.
18. Weight: Your weight can also be a factor, as obesity and related health conditions can impact your overall health and longevity.
19. Personal medical history: If you have a personal history of health issues, this may also impact your premiums. For example, if you have a history of heart disease, you may be considered higher risk and may pay higher premiums.
20. Policy term options: Some life insurance policies offer different term options, such as 10, 20, or 30-year terms. Longer terms may result in higher premiums but may offer greater peace of mind and security.
21. Underwriting process: The underwriting process can also be a factor that impacts your premiums. Some insurers may use a more strict underwriting process, which can result in higher premiums for some applicants.
22. Medical treatments or procedures: If you have had a significant medical treatment or procedure in the past, such as surgery or chemotherapy, this may impact your premiums.
23. Policy riders: Some life insurance policies offer riders, which are additional features or benefits that can be added to the policy. Riders can include options like accidental death coverage or long-term care coverage. Including riders can result in higher premiums.
24. Exclusions: Some life insurance policies may have exclusions, which are circumstances under which the policy will not pay out. Exclusions can vary depending on the policy and the insurer.
25. Trust ownership: If the policy is owned by a trust, rather than an individual, this can affect the premiums. Trust ownership can result in higher premiums due to the added complexity and risk for the insurer.
26. Insurance company rating: The financial strength and rating of the insurance company can also affect your premiums. Insurers with higher ratings may be more expensive but can offer greater security and stability.
27. Level of coverage: The level of coverage you choose can also affect your premiums. Higher levels of coverage will generally result in higher premiums.
28. Renewability: Some life insurance policies are renewable, which means you can renew the policy at the end of the term without having to undergo additional underwriting. Renewable policies may result in higher premiums, but they can offer added flexibility and peace of mind.
29. No medical exam policies: Some insurers offer policies that do not require a medical exam as part of the underwriting process. These policies may be more convenient but can result in higher premiums due to the added risk for the insurer.
30. Term conversion options: If you choose a term life insurance policy, some policies may offer conversion options that allow you to convert the policy to a permanent policy without undergoing additional underwriting. Conversion options can result in higher premiums but can offer added flexibility and security.
31. Payment term: The payment term refers to the length of time over which you pay your premiums. You can choose to pay your premiums over the course of the policy term or over a shorter or longer period of time. Shorter payment terms may result in higher premiums.
32. Personal hobbies: Your personal hobbies can also impact your premiums. Some hobbies, such as extreme sports or adventure activities, may be considered high-risk and can result in higher premiums.
33. Beneficiary designations: Your choice of beneficiary can also impact your premiums. Designating a beneficiary who is older or in poor health may result in higher premiums.
34. Customer loyalty: Some insurers offer loyalty discounts to customers who have been with the company for a certain period of time. These discounts can result in lower premiums.
35. Payment method: The method by which you pay your premiums can also impact the overall cost of your policy. Some insurers may offer discounts for certain payment methods, such as automatic bank withdrawals.
36. Health risk assessment: Some insurers offer health risk assessments, which may include a questionnaire, medical exam, or other testing. Based on the results of the assessment, the insurer may adjust your premiums.
37. Family history: Your family history can also impact your premiums, as certain hereditary health conditions may increase your risk and result in higher premiums.
38. Retirement age: If you plan to retire at a certain age, this can impact the term length and overall cost of your policy.
39. Income: Some insurers may consider your income when setting premiums, as they may use income as a proxy for overall health and lifestyle.
40. Prescription drug use: If you take prescription drugs for a chronic or pre-existing condition, this may impact your premiums.
41. Alcohol and drug use history: Your history of alcohol and drug use can also impact your premiums, as they can be considered risk factors by insurers.
42. Coverage type: The type of coverage you choose can also impact your premiums. For example, joint policies or policies with riders for critical illness or disability may result in higher premiums.
43. Financial status: Some insurers may consider your financial status, including your credit score and debt-to-income ratio, when setting premiums.
44. Underwriting class: Your underwriting class, which is based on your overall health and risk factors, can also impact your premiums. Lower underwriting classes may result in higher premiums.
45. Business ownership: If you own a business or are a key employee, this can impact your premiums, as insurers may consider your business’s financial health and stability.
46. Coverage period: The length of time that you need coverage can also impact your premiums. Shorter coverage periods may be less expensive than longer coverage periods.
47. Payment structure: Some insurers offer different payment structures, such as level premiums or increasing premiums. Level premiums will remain the same over the course of the policy, while increasing premiums may increase over time.
48. Family size: Your family size can also impact your premiums, as insurers may consider the financial impact on your family in the event of your death.
49. Medical treatments: Any recent medical treatments, such as surgeries or procedures, may impact your premiums.
50. Overall health: Your overall health, including your height, weight, blood pressure, and cholesterol levels, can all impact your premiums.
51. Family status changes: Any changes in your family status, such as a marriage, divorce, or new child, can impact your premiums.
52. Term conversion deadline: If you choose a term life insurance policy with a conversion option, it’s important to note that there may be a deadline by which you must convert the policy. Missing the deadline can result in higher premiums or loss of the conversion option altogether.

53. Mental health history: Your mental health history can also impact your premiums, as insurers may consider conditions such as depression or anxiety to be risk factors.
54. Other insurance policies: If you have other insurance policies, such as disability or critical illness insurance, this can impact your premiums.
55. Foreign travel: If you travel outside of Canada frequently, this can impact your premiums, as insurers may consider the risks associated with foreign travel.
56. High-risk hobbies: Certain high-risk hobbies or activities, such as skydiving, scuba diving, or extreme sports, can also impact your premiums.
57. Job hazards: If you work in a high-risk job, such as law enforcement or firefighting, this can impact your premiums.
58. Military service: If you are a current or former member of the military, this can impact your premiums, as insurers may consider the risks associated with military service.
59. Type of underwriting: There are different types of underwriting available for life insurance, including simplified, traditional, and guaranteed issue underwriting. The type of underwriting you choose can impact your premiums.
60. Smoker frequency: The frequency of smoking can also impact your premiums, as insurers may consider occasional smokers to be lower risk than daily smokers.

As with all life insurance factors, it’s important to work with an independent insurance agent to help you navigate the options and find the right policy for your individual needs. Additionally, shopping around and comparing rates from multiple insurers can help ensure that you get the best policy and rates for your specific situation.