Average Cost of Term Life Insurance?

What is the average cost of term life insurance?

There is no on particular average cost of a term life insurance policy, because the cost of term life insurance depends on the type of term life insurance plan, how many years the term will last, and the amount of life insurance coverage provided by the policy.

In addition, your own personal risk factors affect your rate for term life insurance, including your age, gender, health, family health history, lifestyle, tobacco use, occupation, hobbies, driving record, height-to-weight ratio, etc.

The longer you are expected to live (longevity), the lower your rate for life insurance. In addition, the younger you are when you purchase your life insurance, the lower your rate for coverage.

Here's how you can learn more about the average cost of term life insurance.