How Much Is A Good Life Insurance Policy? 
This can actually be a bit of a loaded question because the type of coverage you 're looking for , how much coverage you want , how long you need it for , your risk classification , the carrier you apply with , and a number of other factors control how much a life insurance policy will cost . Premiums can be anywhere from a few dollars to thousands of dollars . The risk classification is the most critical factor in determining the cost -LRB- premium -RRB- of a life insurance policy . The risk class depends on a number of factors including whether you 're male or female , your medical history , height/weight profile , any tobacco usage , and other factors . Keep in mind , every carrier has their own set of underwriting guidelines and mortality tables , and each may offer a different risk class for a given medical profile - e.g. company A may offer preferred -LRB- featuring lower rates -RRB- and company B may only offer standard -LRB- featuring higher rates -RRB- Non-medical policies generally cost more than fully underwritten policies that require an exam because an insurance company is taking on more risk without having a full medical picture of you . Consult with an experienced life insurance broker to determine what coverage is appropriate/suitable for your needs and budget . I hope the information is helpful - please feel free to contact me for help and if you have any further questions . Thanks very much . 