Sounds like a political answer, but it really depends. The usual factors: age, sex, health, occupation, hazardous sports. etc. all come in to play regardless of what type of policy you choose.
There are a variety of different policies available with different terms or renewals where the premiums increase.
There is of course information available online to get you started, Since there are so many options available my suggestion would be to check with a local independent insurance broker,
If you have further questions, or feel that I could be of assistance, please do not hesitate to contact me.
If you would like to work with a local life insurance broker, you could start with a Google search. For example, if you search for: life insurance broker Halifax or life insurance agent Halifax, my name, along with several others, will come up. You can use the same method to find a life insurance broker in your community.
There are a lot of factors that go into determining the cost of term life insurance. First is how much of a face amount are you purchasing? Next, how long of a term are you looking for, 10-20-30-35 years are common term limits? Now you have the underwriting factors that come into play. These premium levels range from best preferred to table 10, so 14 levels of premium just on underwriting alone. Then you have the underwriting factors of age, build, life style, occupation, health issues, etc. lastly you have hundreds of companies that sell term life insurance at rates double to triple some carriers. I suggest finding a good independent broker whose services are free of charge to shop the market for you.
Difficult question to answer without more specific information. The cost per thousand of term life insurance varies greatly depending on your age, sex, health and other underwriting factors.
The cost will also vary depending on what type of policy you choose.
To get a basic idea you can get a quote from an online website. I would suggest you contact a local insurance broker to get some professional advice.
If you have further questions, or feel that I could be of assistance, please do not hesitate to contact me.
If you would like to work with a local life insurance broker, you could start with a Google search. For example, if you search for: life insurance broker Halifax or life insurance agent Halifax, my name, along with several others, will come up. You can use the same method to find a life insurance broker in your community.
Co-Founder, TermInsuranceBrokers.com, Goldenzweig Financial Group, Las Vegas, Nevada
Unfortunately there's too many factors that go into premium pricing to give a definitive answer as to what a term plan costs. The risk class is the most critical factor in determining the cost (premium) of a life insurance policy. The risk class depends on a number of factors including whether you're male or female, your medical history, height/weight profile, any tobacco usage, and other factors. Keep in mind, every carrier has their own set of underwriting guidelines and mortality tables, and each may offer a different risk class for a given medical profile - e.g. company A may offer preferred (featuring lower rates) and company B may only offer standard (featuring higher rates).
Also affecting the premium for a policy is the type of policy you're looking to secure - how much coverage do you want/need and for how long do you want/need it guaranteed for (term vs. permanent).
Non-medical policies generally cost more than fully underwritten policies that require an exam because an insurance company is taking on more risk without having a full medical picture of you.
Consult with an independent insurance agent/broker to see what plans are available and what structure would be best suitable to meet your needs. You can send me a private message by clicking on the "contact me" button if you would like quotes and assistance with your and your family's life insurance needs.
The cost will depend upon several things - the company, the length of the term, the amount of coverage, your age, health, etc. I'd advise that you contact some local agents with some specific details, and shop around for some quotes. If you would like some help with this, please hit the 'contact me' button, and I'll happily help. Thanks for asking!
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There are a variety of different policies available with different terms or renewals where the premiums increase.
There is of course information available online to get you started, Since there are so many options available my suggestion would be to check with a local independent insurance broker,
If you have further questions, or feel that I could be of assistance, please do not hesitate to contact me.
If you would like to work with a local life insurance broker, you could start with a Google search. For example, if you search for: life insurance broker Halifax or life insurance agent Halifax, my name, along with several others, will come up. You can use the same method to find a life insurance broker in your community.
The cost will also vary depending on what type of policy you choose.
To get a basic idea you can get a quote from an online website. I would suggest you contact a local insurance broker to get some professional advice.
If you have further questions, or feel that I could be of assistance, please do not hesitate to contact me.
If you would like to work with a local life insurance broker, you could start with a Google search. For example, if you search for: life insurance broker Halifax or life insurance agent Halifax, my name, along with several others, will come up. You can use the same method to find a life insurance broker in your community.
Also affecting the premium for a policy is the type of policy you're looking to secure - how much coverage do you want/need and for how long do you want/need it guaranteed for (term vs. permanent).
Non-medical policies generally cost more than fully underwritten policies that require an exam because an insurance company is taking on more risk without having a full medical picture of you.
Consult with an independent insurance agent/broker to see what plans are available and what structure would be best suitable to meet your needs. You can send me a private message by clicking on the "contact me" button if you would like quotes and assistance with your and your family's life insurance needs.