How Cheap Is Life Insurance? 
As a life insurance broker with more than 33 years of experience , I 'm glad you asked that question . Life insurance is cheap ... depending on the type of plan you are considering . Naturally , term insurance is the least expensive type of policy , especially the 5 and 10-year guaranteed plans . Of course , any policy with cash value or dividends -LRB- not guaranteed -RRB- will cost more because of difference in equity . 