What Is The Cost Of A $500,000 Term Life Insurance Policy? 
The cost will vary widely , depending upon your age , health , medical history , occupation , whether you smoke , have a drug history , are married , and other similar variables . Whatever your personal situation may be , however , even if the cost were to go from $ 30 per month to $ 800 per month , or more , if you can pay it , get it . Short of getting a permanent policy , with a term , at least your family and loved ones are covered for a period of time . Insurance costs will only rise as your age increases and your health decreases . Get what you can afford and will continue to pay . That means if you can not afford 500k , then at least get 100k or more , so you have something in place . Thank you . GARY LANE . 