Which type of insurance assesses health history to set premiums?

Life insurance assesses health history to determine premiums because an individual's health status is a critical factor in estimating the risk assumed by the insurer. When underwriting life insurance policies, insurers evaluate the applicant's medical history, current health condition, lifestyle choices, and sometimes genetic factors. This comprehensive assessment helps insurers gauge the likelihood of the insured's death occurring within a specific time frame, which directly influences the premium amount.

Disability insurance, while also evaluating health history, focuses on the potential for an individual to become disabled and unable to work, which is a different risk assessment than that used for life insurance. Auto and homeowner's insurance primarily assess different factors such as driving records or property values, not health history. Thus, life insurance's primary reliance on health history for setting premiums distinguishes it clearly from the other types of insurance listed.