What Does A Million Dollar Life Insurance Cost?
712 POINTSview profileJohn ColeRecruiter/Manager, Cole Insurance Investments, Charlotte N.C.The cost for a million dollar life policy is really not the factor or question in most cases well there would be many questions to ask first one would be are you insurable for that face value and for what purpose or needs you have for this amount. Second would you need a single premium because you have acquired a million dollars and you are looking to invest in a safe tax free invest we can look further in to this see my profile and contact me button for a free consultation.Answered on July 22, 2014flag this answer
10968 POINTSview profileTim WilhoitOwner, Your Friend 4 Life, Brentwood TNThere are a lot of factors to calculate a premium on any life insurance amount. An agent needs to know the type of life insurance either term or permanent. From there we need age, build, life style, health status, occupation, state of residence and insurable interest. The first question is why do you need a million dollars in life insurance?Answered on July 22, 2014flag this answer
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