How much does life insurance cost per month? 
There are a lot of factors that go into the price of life insurance . Every year that you get older , the price increases for insurance . It also depends on how much life insurance you are looking for . The higher the death benefit , the higher the monthly premium . Another factor to consider is your health . Life insurance is based on the insurance companys risk . If you are unhealthy or have a few high risk health conditions , you will have to pay a higher rate for insurance . It is also up to the insurance company . Some insurance companies charge more for the exact same coverage . Also , women have a longer life expectancy then men so the rates for women are usually lower . There are two types of life insurance too . Term insurance only covers you for a period of time and whole life covers you for a lifetime and you are guaranteed a payout . Term is usually cheaper because if you dont pass in the specified term , the insurance company does not pay out anything . For policies that have a large death benefit , the insurance company usually asks for an exam to be done that checks your blood , heart rate , and other key health related factors . The rate is usually higher for smokers compared to non-smokers . Life insurance rates are determined on a case by case basis . 