How Much Does It Cost To Start Life Insurance? 
There is no monetary expense to start looking for coverage . I would suggest working with an experienced life insurance broker to get your coverage in place - brokers do not charge fees for their services . Determining the premiums for a policy depends on a number of factors - it will be different for every person . These factors include the proposed insured 's age , amount of coverage they want , how long they want the coverage for , their riskclassification -LRB- determined by the medical history -RRB- , and whether they 're applying with fullunderwriting or non-medical term coverage . The risk classification is the MOST critical factor in determining the cost -LRB- premium -RRB- of a life insurance policy . The risk class depends ona number of factors including whether you 're male or female , your medical history , height/weight profile , any tobacco usage , and other factors . Please 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 term life insurance policies will almost always cost much 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 . I hope the information is helpful - please feel free to contact me for help and if you have any other questions . Thanks very much . 