How Cheap Is Life Insurance? 
When you compare the premium for a life insurance policy to the benefit paid to your beneficiary , life insurance is cheap ! Unlike other forms of insurance life insurance covers an eventuality not a possible loss . The cheapest life insurance policy is the one that is in force on the day that you die . If you know when that might be , it makes it easier to determine which is the cheapest . I recommend that you sit down with an agent that you trust and determine how much life insurance you really need . Buy that with the longest possible term , some of it should probably be permanent insurance . 