What I Would A Monthly Payment For Someone To Get $50,000 In Life Insurance?

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   Peggy Mace

   Most of the U.S.

   The payment for a $50,000 Life Insurance policy will vary greatly depending on age, health, and what type of policy it is (term or permanent). A $50,000 Whole Life policy for a child may cost under $10/mo, while a $50,000 Whole Life policy for an 80 year old male who has some health conditions and smokes, could cost over $1,000 per month.
   
   A 30 year old male who had excellent health and does not smoke could get a term policy of $50,000 for under $10/mo and a guaranteed no lapse universal life policy for under $35/mo.
   
   You can use the quote engine on our website to get the prices for other ages and health and tobacco factors.
   
   PS I apologize; I did not see the statement that you are a woman who is 74 years old until now.
   
   Assuming you have pretty good health, you could get a No Exam Whole Life policy of $25,000 for about $175,000.
   Or you may be able to get a permanent policy of $50,000 for about that same price, by taking an exam.
   If you took $50,000 in Term insurance, you could possibly pay under $100/mo.
   
   Feel free to give me a call; I can find your best rate very quickly and will make sure it is with a policy for which you qualify.

   Answered on May 24, 2014

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