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The cost of a $500,000 life insurance policy can vary significantly based on factors such as the insured's age, health, lifestyle, and the type of policy (term or whole life). Generally, a term policy might cost anywhere from $20 to $50 per month for a healthy individual in their 30s or 40s, while whole life insurance could be considerably higher, often several hundred dollars per month. It's best to get personalized quotes from multiple insurers to determine the most accurate premium for your situation.

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1mo ago

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