How Much Does It Cost For 1 Million In Life Insurance?

  1. 63333 POINTS
    Peggy Mace
    Most of the U.S.
    To find the cost of $1,000,000 in life insurance for you, you can go to a website that allows you to put in your information to get your quote, or you can call an online life insurance agency or one that you locate with the Yellow Pages or Chamber of Commerce Directory, or you can visit a local life insurance office. That way you will get the rate that applies to you, not to an unknown person advertised on TV for the type of policy that may or may not do you any good.
    Answered on September 4, 2013
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  2. 617 POINTS
    Waltere Koti
    Principal Agent, First Insurance Agency Inc, United States
    There is no fixed cost for 1 Million dollar life insurance. Life insurance has several underwriting factors including: age of applicant, gender, occupation, location, health condition of applicant. The older you are the higher the life insurance cost. This amount of life insurance will most likely be fully underwritten, meaning you may pay higher premium if you are not in best of health or be declined for health reasons.
    Answered on June 12, 2015
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