Is it possible that I will have to pay higher premiums than someone else the same age?

The cost of life insurance isn't just related to age, although it is a very important component. So yes it is very possible that you could pay more than someone else your own age, especially in relation to the following important aspects: -

• How much are you insuring for you
• How long are you insuring for
• Your past and present health
• Your family history of health
• Are you a smoker
• How much alcohol you drink
• Your weight compared to your height
• Your job
• Whether you have any dangerous hobbies (e.g. skydiving)
• Whether you often visit continents with known health risks (e.g. malaria)