How Much Does The Average Person Pay For A Life Insurance Policy? 
How much does the average person pay for life insurance ? Based on my 32 years in the business as a broker -LRB- and there is no right or best answer -RRB- , I would estimate between $ 15 and $ 150 per month . This is , of course , `` per person . '' Term policies are much cheaper than permanent policies and of course that would impact the amount each person pays . And ... each person has different amounts of coverage they carry . You can purchase term coverage for under $ 100 per year depending on age and face amount . But because of economies of scale , that may not be such a good idea . You may be able to double the coverage for slightly more . Quite simply , there will be tremendous variations in the amount that consumers pay for their coverage . A fully-licensed -LRB- full-time -RRB- broker will help you find the lowest prices . 