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	<title>New answer on: How much does life insurance cost per month?</title>

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		<title>By: Michael Richardson</title>

		<link>https://www.insurancelibrary.com/life-insurance/how-much-does-life-insurance-cost-per-month</link>

		<dc:creator>Michael Richardson</dc:creator>

		<pubDate>Fri, 22 Mar 2019 21:35:40 +0000</pubDate>

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		<description><![CDATA[A  healthy person who&#039;s age  falls between 18 and 70 can expect to pay an average of $65 a month for 250,000 worth of coverage for life insurance. The cost will vary from company to company with each company having different underwriting guidelines. Lifestyle and overall health play a pivotal role in determining you&#039;re rate  for coverage. Best practice is to get at least 5 quotes from A rated carriers.]]></description>

		

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		<title>By: Scott W Johnson</title>

		<link>https://www.insurancelibrary.com/life-insurance/how-much-does-life-insurance-cost-per-month</link>

		<dc:creator>Scott W Johnson</dc:creator>

		<pubDate>Tue, 28 Feb 2017 17:23:14 +0000</pubDate>

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		<description><![CDATA[Thanks for the question.   The cost of life insurance varies by the dollar amount, policy length, and multiple multiple rating factors.

These rating factors will include, but are not limited to: Your Age, Gender, State, Health Condition, Medications taken, Career, Education, Hobbies, and numerous medical tests and conditions.

The range in yearly cost is extraordinary.]]></description>

		

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		<title>By: Ronald Hinch</title>

		<link>https://www.insurancelibrary.com/life-insurance/how-much-does-life-insurance-cost-per-month</link>

		<dc:creator>Ronald Hinch</dc:creator>

		<pubDate>Tue, 24 May 2016 18:37:52 +0000</pubDate>

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		<description><![CDATA[The cost an individual pays monthly for life insurance depends on the age of the client, medical condition, and the type of life insurance being purchased.  While the age and health condition of the client are the biggest factors the type of life insurance a person chooses is a key factor.  I personally recommend only level term protection to all of my clients.  It is that cheapest and allows my clients to get the right amount of insurance needed at the time in life that they need it most.  A cash value type policy will be much too expensive and not give adequate protection.]]></description>

		

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		<title>By: Edward Crowe</title>

		<link>https://www.insurancelibrary.com/life-insurance/how-much-does-life-insurance-cost-per-month</link>

		<dc:creator>Edward Crowe</dc:creator>

		<pubDate>Sun, 21 Feb 2016 15:15:52 +0000</pubDate>

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		<description><![CDATA[The cost of life insurance depends on a number of factors.   I have listed a majority of them below...

Type of insurance:  Term insurance cost a lot less than permanent insurance but term will expire after a set number of years such as 10,20,30.   Prices with permanent insurance vary as well with UL usually costing less than whole life but whole life builds a guaranteed cash value much better than UL will.

Face amount:  This one goes without saying really.  The larger the death benefits, the more the insurance will cost in general .  There are price breaks at certain face amounts however. 

Health:  this is a big factor.  The healthier the person is the lower the cost of the insurance will be.  A person with a super preferred rating will cost much less than someone that can only get a standard rating. Tobacco use also drives prices up a great deal.

Company and State:  Rates will vary greatly from company to company (even for the same type and level of coverage).  Rates are also different by state.

Fully underwritten vs. quick/easy issue:  A fully underwritten policy requiring an exam is potentially less expensive than an easy/quick issue policy that does not require a medical exam/para med.]]></description>

		

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		<title>By: Ronald Mesler</title>

		<link>https://www.insurancelibrary.com/life-insurance/how-much-does-life-insurance-cost-per-month</link>

		<dc:creator>Ronald Mesler</dc:creator>

		<pubDate>Tue, 16 Feb 2016 20:07:44 +0000</pubDate>

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		<description><![CDATA[How much does life insurance cost per month?  Easy, roughly 1/12th of the annual cost with possibly some small fee for the monthly withdrawals.  OK--that is my attempt at humor.

Since you are asking about cost right out of the gate, I will only speak to TERM insurance.  Other authors have spoken to the medical factors so I will not. Several  other factors will also drive pricing.  For example, length of term, such as 10-20-30 year periods.  Generally the longer the term the higher the cost.  Here I am also assuming that like the vast majority of applicants you want the price to remain level for the entire period.

Most obviously the sheer amount of coverage you need--the more you want the more it is going to cost you.  If you think that you will be building significant wealth over time, such as a physician might, then consider applying for and putting in force several policies.  That way, you can drop one and keep the others in force if you choose to partially self-insure.

Whatever you do, get sufficient coverage for your anticipated needs.  You will probably never be healthier than you are today!

I hope that was helpful,

Ron]]></description>

		

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		<title>By: Jeff Davis</title>

		<link>https://www.insurancelibrary.com/life-insurance/how-much-does-life-insurance-cost-per-month</link>

		<dc:creator>Jeff Davis</dc:creator>

		<pubDate>Tue, 21 Jul 2015 19:38:14 +0000</pubDate>

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		<description><![CDATA[It depends. There is no one answer fits all here. It will depend on many factors such as weight, age, location, occupation, past health, current health, smoker or not, etc. There are some policies that issue without many health questions asked but these policies will have limits as to how much they will insure. 

The best way to answer this is to contact an Insurance Agent (like me) and get a free, no obligation quote. When you are able to buy insurance is typically the best time to buy it because tomorrow you may find yourself unable to get insurance.]]></description>

		

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		<title>By: Stan Cox II</title>

		<link>https://www.insurancelibrary.com/life-insurance/how-much-does-life-insurance-cost-per-month</link>

		<dc:creator>Stan Cox II</dc:creator>

		<pubDate>Thu, 07 May 2015 21:04:13 +0000</pubDate>

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		<description><![CDATA[Wow! There are as many answers to that question as there are qualifiers! There are over 10 different types of Life Insurance, and over 1000 providers. Each provider has their own pricing for the same or very similar coverage. And there is a wide range of premiums dependent on the type of life insurance. 

All that said, the more important factors that determine the monthly cost or premium are 1) age, 2) sex, 3) health, 4) tobacco or non-tobacco, and 5) benefit amount. 

To determine the best type of life insurance for you and the proper amount of benefit a number of things about you need to be known including your goals and needs. Each person is unique and has unique circumstances. That&#039;s why I focus on educating my clients about the various types of Life Insurance available, the benefits and drawbacks of each. Then with your particular qualifiers we can match the best product(s) to your unique needs.]]></description>

		

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		<title>By: Tim Wilhoit</title>

		<link>https://www.insurancelibrary.com/life-insurance/how-much-does-life-insurance-cost-per-month</link>

		<dc:creator>Tim Wilhoit</dc:creator>

		<pubDate>Thu, 30 Apr 2015 14:04:49 +0000</pubDate>

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		<description><![CDATA[That is a very difficult question to answer. It is kind of like asking a realtor how much a house costs? Which house? There are just too many variables to consider when buying life insurance. First the type of life insurance policy needed whole life, universal life or term life and how long of a term? Then the proper face amount must be selected. Once the purchase criteria is chosen, then the underwriting criteria must be met. This will include information such as net worth, income, health status, build, age, state of residence, occupation and life style. Once everything has been underwritten the exact monthly premium will be selected. At this point you can either accept the offer or alter the coverage to meet your budget. I recommend using an experienced independent life insurance broker to help you navigate this maze and find you proper coverage at the best price possible for your unique situation.]]></description>

		

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		<title>By: Marcy Tooker</title>

		<link>https://www.insurancelibrary.com/life-insurance/how-much-does-life-insurance-cost-per-month</link>

		<dc:creator>Marcy Tooker</dc:creator>

		<pubDate>Fri, 24 Apr 2015 19:08:53 +0000</pubDate>

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		<description><![CDATA[The cost of life insurance can range from a few dollars per month to many thousands per month. The real question is how much would it cost you to get the proper policy for your situation. In order to find that out you need to first determine how much death benefit you need. 

The best way to calculate how much life insurance you need is by doing a comprehensive needs analysis. If you are looking for a quick rule-of-thumb, we recommend you carry at least ten times your annual income in life insurance. The second factor is how long do you think you will need the coverage. You might want life insurance to cover your mortgage which will be paid off in a certain period of time, or you might want life insurance just until your children are grown and self supporting. Maybe you want to have life insurance for whenever you die, be it next year or when you&#039;re 90. The third key factor is your budget. You might like the idea of a large permanent life insurance policy, but the premium may simply be more than you can reasonably afford.

So in order to determine how much life insurance costs per month, you need to figure out how much life insurance you need, how long you need it and what your budget allows. By going through this process you can determine how  much the proper life insurance policy for you will cost.]]></description>

		

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		<title>By: Peggy Mace</title>

		<link>https://www.insurancelibrary.com/life-insurance/how-much-does-life-insurance-cost-per-month</link>

		<dc:creator>Peggy Mace</dc:creator>

		<pubDate>Mon, 30 Sep 2013 15:48:54 +0000</pubDate>

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		<description><![CDATA[To see what life insurance may cost per month for you, go to a website that offers instant quotes. By putting in your information, you will get an idea of what a policy would cost for someone of your age, sex, tobacco status, and build. Some quote engines even allow you to input some health information. You can try different face amounts and term lengths to see prices for different types of policies.]]></description>

		

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