How Much Should I Pay For Term Life Insurance? 
There is no set guideline to how much you should pay for Term Life Insurance . There are general guidelines . E.g. . If you take a 10 year term policy , you should pay less than you would pay for a 30 year term policy . If the rates are similar you are much better off locking that rate in for 30 years . Another general guideline would be , if you can get a permanent policy for a price just slightly higher than term , take the permanent policy . Sometimes Universal Life rates run close to Term rates at older ages , especially if the UL rates are locked in to age 90 or 95 . Universal Life is much more flexible than Term , so if you can get it for a similar price , go for it . Aside from generalities , no one can predict how much you should pay for a term life insurance policy because life insurance rates are based on your age , sex , tobacco status , and health . You can check out an instant quote engine on internet websites to get an idea of what term rates might run for you . But you need to call the agency to get a more accurate rate . 