Q&A: Good price for 30 year term life $1 mil life insurance?
Good price for 30 year term life mil life insurance?
I’m 27 years old and qualify as super-preferred non-nicotine. What is a good price for a 30 year term life insurance at $ 1 million dollars?
What company do you recommend?
Thanks!
Best answer:
Answer by Kor
Term insurance for $ 1m covering death only should be around US$ 800/year for your age for 30 years. Just out of curiosity, any idea what are you going to do when you are 57, that is when your insurance coverage expires and you need the coverage more than before? please consider other events like disability and critical illnesses like cancers. I think it is easy to die but more difficult when I don’t die but can’t work and have to pay high medical fees.
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$ 46-$ 47/month….
I have companies that are in the $ 40 range, but that is if you live in Indiana
I recommend you this site where you can compare quotes so you can find the best option for you
cheapinsurance.notlong.com
Try this site
http://www.usainsurancequotes.net/
Here you can compare quotes from different companies
Depending on where you live can make a slight difference but I quoted out $ 54 dollars a month for a 30 year level term and a face amount of 1 million dollars.