answersLogoWhite

0


Best Answer

The cost for a life insurance policy depends on your age,your health and the amount of the death benefit. Also the time period of your insurance affects to the price of the insurance. The yearly average price of whole time life insurance can be anything between $1.200 and $2.000. The term insurances are much cheaper for example 10-to20-year term cost$300 to $500 per year. These examples and averages would cover $250.000 in case of death.

User Avatar

Wiki User

11y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What are the typical costs for a life insurance policy?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is the average cost for a typical life assurance policy?

The average cost of a typical life insurance policy can very based on the age and overall health of the person taking out the life insurance policy. For example, some insurance companies will give individuals who exercise regularly a discount on insurance.


Acquisition costs for a life insurance policy?

There are no acquisition or application fees to apply for life insurance. The only payment required is for the policy premium.


What is included in a typical life insurance policy?

There are several types of traditional life insurance which is a fixed interest rate, also known as a universal life insurance policy. These are generally the most common forms of life insurance available that give different rates depending on your specific needs.


What are the costs associated with a life insurance policy?

periodic premiums, which unlike investments can't be withdrawn


It is not important to have a life insurance policy.?

It is not important to have a life insurance policy.


What is the executor on a life insurance policy?

The Policy Holder of a life insurance policy is the executor of the said policy.


What kind of life insurance policy protects a company from loss caused by the death of an officer?

Keyman Life Insurance. It's a normal life insurance policy that is payable to the employer to indemnify it for the loss of an important employee and to pay expenses of recruiting a replacement as well as training and such costs.


Life Insurance Policy?

form_title=Life Insurance Policy form_header=Protect your loved ones with a lifetime of financial security. Find a life insurance policy customized to fit your needs. What type of life insurance policy do you want to buy?= () Term Life Insurance () Permanent Life Insurance () Both () Not Sure How large of a life insurance policy do you want to buy?=_ Who will it cover?=_ Who would you list as beneficiary?=_


What is portable life insurance?

A life insurance policy is "portable" when upon leaving the group policy, you transfer your life coverage to an individual life policy with the same insurance carrier with no changes to the policy or increase in premium.


What policies are offered by General American Life Insurance?

There are many policies offered by General American Life Insurance. These include the Variable Life Insurance policy, the Condo Insurance policy and the Boat Insurance policy.


Where can you get a graded life insurance policy?

A graded life insurance policy is a kind of whole life policy. Unlike the typical kind of whole life, a graded policy starts out with lower premiums, which increase, usually yearly. Therefore, in the early years of this kind of policy, they premiums are lower than in a customary whole life policy. This kind of policy is sometimes called a "graduated premium" whole life policy. Many life insurance companies sell this kind of policy, but this is not a forum in which to recommend one. You should go to a licensed life and health insurance agent or broker who can assess your needs and assist in finding an appropriate insurer. Be sure that the insurer is authorized (licensed) to conduct business in your state.


Is permanent life insurance the same as whole life insurance?

Technically, there is no insurance policy called as permanent life insurance. However, you can treat whole life insurance policy as permanent since the policy covered the whole life span of the policy holder and benefit is payable to nominee in the event of any eventuality of the policy holder.