What Does A Million Dollar Life Insurance Policy Cost? 
To see what a million dollar life insurance policy would cost for you , go to a website like ours that offers `` instant '' free quotes . There you can put in your gender , date of birth , height , weight , and even some health answers , so that you can see what a million dollars of coverage would cost for you . You will notice that the premium will be much lower if you pick a shorter term . That is because the rate will be locked in for a shorter period of time , and then you will need to get a new policy . To see what your new policy could cost at that age , you can use the same quote engine . But keep in mind that your health may not be as good then as it is now . Please feel free to call to discuss any variables or to see the price for $ 1,000,000 of permanent life insurance . It can be a lot of fun to mess around with quote engines and see what different face amounts may cost for different people . 