There is really no such thing as the average life insurance policy. There are many factors to determining a life policy. First is the type of policy term or cash value. Then if term for example how long of a term do you want to lock in the rate? Next how much life insurance are you wanting to purchase? There is a big difference in prices between $100,000 to $1,000,000 to $5,000,000.
Next you have the underwriting process which determines the level of risk you would be. There are about 14 levels of premiums with most carriers that range from "best preferred" to "table 10" which is an indication of rate ups due to age, health or life style risks.
I would highly recommend using an experienced independent life insurance broker to shop the market to find coverage at the best rate for your unique situation.
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Next you have the underwriting process which determines the level of risk you would be. There are about 14 levels of premiums with most carriers that range from "best preferred" to "table 10" which is an indication of rate ups due to age, health or life style risks.
I would highly recommend using an experienced independent life insurance broker to shop the market to find coverage at the best rate for your unique situation.