How Much Does Life Insurance Cost?
Posted July 2, 2009 – 4:44 pm in: structured settlements FAQI have coverage for life insurance through my work. My fiance dosent. He is 20 years old. How much would life insurance cost a month for him?
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4 Comments
It depends on many factors and the type of insurance,is it temporary, permanent or following subclasses – term, universal, whole life, variable, variable universal and endowment fund life insurance.
Let’s say from $25 to $1000 a month??
You can read up a good explanation on all kinds of policies herehttp://www.simplyinsurancequotes.com/Lif… also you can get quoted from there somewhere, hope I helped.
How healthy is he?
Does he smoke?
How much coverage does he want/need?
How long does he want coverage?
More importantly, what does he want to accomplish with the purchase of this insurance?
Go meet with an insurance agent to discuss your personal needs and the amount and type of life insurance will work best for you.
Good Luck
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Just take a cheap term life insurance. It’s cheap.
Just call around for some quotes.
p.s. I hope you wait a while until your older to get married. Your still too young.
It depends on how much life insurance you’re buying, as well as if you’re buying term insurance or whole life.