How Much Is Life Insurance For My Parents? 
There are several variables that that need to be factored in to establish a premium price tag for your parents . The price tag depends on your gender , age , smoking status , health history , current medical condition , and prescriptions . A nonsmoking male age 60 and in good health will pay around $ 5700 a year for 20 year term life insurance for $ 1,000,000 of coverage . -LRB- Female same scenario $ 3900 . -RRB- 