How Much For A Million Dollar Life Insurance Policy? 
It depends on how long you need coverage . Term life insurance can cover a temporary need and is very affordable . For example , a male age 40 in excellent health with a coverage need for 30 years may be able to obtain $ 1,000,000 coverage for a level premium for that duration that amounts to a little more than $ 4 per day . Your rates will vary based on age , gender , health , lifestyle , family history , etc. . For lifetime coverage that you can not outlive , you would need to consider permanent -LRB- cash value -RRB- life insurance coverage and the cost for that is higher . You should meet with a life insurance professional who can assist you . 