If you're shopping for a life insurance plan you may be wondering how much does life insurance cost?
The premium you pay for life insurance depends on several factors, including your age, gender, health, family health history, occupation, hobbies, whether you smoke or not, driving record, height-to-weight ratio, etc.
In addition, your life insurance cost will depend on:
How to find out what your life insurance will cost?
You have a few options when comparing life insurance premiums:
What are the Advantages of comparing life insurance quotes online?
What is Term Life Insurance?
Term life insurance offers life insurance protection for a specific number of years. It builds no cash value, you pay only for the life insurance.
That's why term life is less expensive than permanent life insurance. That means you can afford more protection for your loved ones.
For example, a 15-year term life policy with a face amount of $250,000 would pay $250,000 to the beneficiary if the insured died any time during those 15 years.
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