Average Life Insurance Policy at Life

Average Life Insurance Policy. The average cost of life insurance is $27 a month. For example, if you are 40 and wait until you are 50 to purchase a $1,000,000 term life insurance policy, you may pay as much as twice the rate than if you purchased one now.

You should think of this number strictly as a baseline — your own rates for life insurance will change depending on your age, the insurer you choose and the amount of coverage you purchase. 52 rows the average cost of a life insurance policy ranges from $40 to $55 per. A median does not show you the high end of the more established agents, or those who sell higher valued policies.

Pet Insurance for Scottish Terrier

The monthly cost of a life insurance policy depends on unique factors like your age, health, term length, gender, and the death benefit amount on the policy. A median does not show you the high end of the more established agents, or those who sell higher valued policies. In this section, we’ve compared the monthly cost of a $50,000 whole life policy to a $50,000 guaranteed universal life policy. The rates displayed below are for applicants in excellent health.