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How Much Does Life Insurance Cost. How much does life insurance cost? How much does life insurance cost?
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How much does life insurance cost? The average cost of such a policy is closer to $160 per year. How much you pay for life insurance per month will depend on your personal circumstances and how much cover you need.
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The cost of life insurance varies from person to person. We've found that the average cost of life insurance is about $147 per month for a term life insurance policy lasting 20 years and providing a death benefit of $500,000. Factors like age, gender, health, lifestyle, and smoking status influence how much you will be expected to pay for a life insurance policy. The costs of life insurance vary widely based on the type of insurance you want, the benefits you choose, and how long the term lasts.