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The "cost" of life insurance (referred to as "premium"), irrespective of the State, dpends upon several factors:
1. The face amount of the insurance sought;
2. Whether the insutance is whole life (which accumulates cash value) or term life (which does not accumulate cash value);
3. The health condition of the proposed insured (usually there is a "preferred rate" for people who are in excellent health: a "standard" rate for the typical applicant; and a "rated-up premium" for applicants that have a health condition that puts them at greater risk.
4. The insurer to which aplication is made.
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∙ 13y ago
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The cost to get a license to sell life insurance in Georgia is $50.00 just for the license. There is also a $15.00 application fee that must be made prior to taking the exam.
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A lot but not that much
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I would wait til you get your license.
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