What is the monthly cost for a term life insurance policy?

The quickest and easiest way for you to find out how much term life will cost you monthly is to compare term life insurance quotes online.

The price you pay for a term policy will depend on your age, gender and health. As well as, your occupation, hobbies, tobacco use, lifestyle, driving record, height-to-weight ratio and family health history.

In addition, the duration of your term life coverage (Term) and amount of life insurance will ...

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What determines the cost of a term life insurance policy?

The premium charged for term life insurance will depend on the amount of your life insurance coverage, and the length of time for your term.

The longer your term (duration of coverage), the higher your premium. And, the higher the amount of life insurance coverage, the more you pay for your term life policy.

In addition, your personal risk factors will impact the price you pay for your life insurance. These risk factors include your age, ...
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According to the American Council of Life Insurers (ACLI), in 2008, the face amount of the average life insurance policy in the U.S. was $183,000.

In 2010, the face amount of the average life insurance policy was $165,000. So, over that two year period, the average amount of life insurance for a policy had decreased by $18,000 in life insurance coverage.

If a life insurance policy is Term insurance, there is no cash value worth to the policy itself, there is only life insura...

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