How Do You Calculate Life Insurance Cost? 
To calculate life insurance cost , you must have a chart showing the cost per thousand dollars of coverage . You multiply that by the number of thousands of dollars of coverage you desire , then add the policy fee shown on the chart , to get your annual rate . If you want to pay monthly , quarterly , or semi-annually , you take the annual rate times a factor that should be shown on the chart . Or you can go to a quote engine and input your face amount , health rating , and term length to see your life insurance cost . This should include the appropriate fees and factors . 