How Much For Permanent Life Insurance? 
You ask a good question , but there are too many variables that must be answered first before a reliable answer may be given . First there are a variety of types of `` permanent '' life insurance . There 's Universal Life , Variable Universal Life , Indexed Universal Life , and my personal favorite , Whole Life . -LRB- There are also other types , but you did n't add any other qualifiers so I 'm assuming you mean for an individual -RRB- . When a ` type ' is decided on then the questions are : who is to be insured ? What is their age , gender and health condition ? Do they engage in hazardous occupation or avocation ? Then how much insurance ? So in order to answer your question the parameters need to be set by the answers to these questions . Your best bet is to consult a qualified Insurance Adviser who can help you decide on the best product and the correct amount of insurance to meet your goals and needs . 