1. 63333 POINTS
    Peggy Mace
    Most of the U.S.
    The cost of life insurance is extremely variable based on one's age, health, and the type of policy one purchases. The premium for a $100,000 policy can range from a few dollars per month to hundreds of dollars per month, depending on these variables.
    A good place to start is to look at how much you need, and also how much you can afford to spend on life insurance. You don't want to get in over your head and have to drop the policy in a short time. But if your family or business would suffer without you, it is an important purchase worth budgeting for, too.
    Answered on April 24, 2013
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