How Much Should I Pay For Whole Life Insurance? 
The smallest premium I have seen for a life insurance policy is $ 15 . The highest is in the millions . The amount of coverage that you can get for any given premium amount depends on your age , health history , tobacco use , gender , height-weight , etc. . The biggest factors are how much coverage do you need ? And how long do you need it to cover you ? Whole-life insurance is much more expensive then term because it will always pay a death benefit no matter how old you live as long as you pay the premium . Term is temporary insurance and is much less expensive then whole-life because it will rarely ever pay a death claim . Most people do n't die at a young age and drop their term policy long before they get to the age when they are likely to die . You can always pull up free rates for term life insurance at WEBSITELINK Your independent agent can help you understand which companies will approve you . 