1. 63333 POINTS
    Peggy Mace, Certified Senior Advisor (CSA)®PRO
    CEO, Outlook Life, Inc, Most of the U.S.
    There is no one set cost for Whole Life Insurance. The price is based on your age, gender, whether or not you have used tobacco in the past few years, your build, your health, if you have any dangerous hobbies (e.g. parachuting), if you have imminent plans to travel to an unsafe country, whether you are in the midst of a bankruptcy, and some other factors. It is also based on the type of policy and the face amount.

    Because of all these factors, it is very difficult to give an accurate quote for Whole Life insurance on the internet, unless applying for a simplified issue (final expense) whole life policy. Contact a qualified agent to get the best Whole Life quote, and policy, possible.
    Answered on December 4, 2013
  2. 4249 POINTS
    Gary LanePRO
    President, Lane Independent Agency, Southern California
    Whole Life Insurance can range in price from very low to very high. It depends on your age and health among other things. We always recommend getting a policy of whole life for a child, to insure their "insurability" for the future, at an extremely low cost. As you get a big older, the price rises, but slowly. The younger you are, the better it is to get whole life then, before it continues to rise. With good health and a reasonable age, whole life can be very affordable, especially when you factor in it allows you to take cash out for emergencies or retirement, or to help pay the future premiums. New York Life even offers Custom Whole Life, which allows you to stop paying your premiums completely and keep your life insurance. Gary Lane, Agent, New York Life, 949 797 2424. Thank you.
    Answered on December 6, 2013
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