What is the average life insurance cost per month?


Average cost of life insurance for ages 18 to 70. A health person whose age falls between 18 and 70 can expect to pay an average $67.88 a month for a $250,000 life insurance policy. Of course, this cost varies wildly depending on which end of those ages you are, your lifestyle and your overall health. In brief, the cost of a life insurance policy is determined by the probability and risk of you dying within each year of your policy. The younger and healthier a person is the lower the cost of their premiums per month, conversely, if you are older and are a smoker your life insurance costs will be higher. It goes without saying that the choices you make towards a healthier lifestyle such as quitting smoking or exercising regularly can decrease the cost of your life insurance plan.