How Much Does Life Insurance Usually Cost? 
It depends on how much you need and for how long you need it . Your health and lifestyle matters as does the type of product you need . Term life insurance can cover a temporary need and is very affordable . For example , assuming a male age 40 needs coverage for 30 years , and is in excellent health , it may be possible to obtain $ 500,000 coverage for a level premium for that duration that amounts to a little more than $ 2 per day . For lifetime coverage that you can not outlive , you would need to consider permanent -LRB- cash value -RRB- life insurance coverage and the cost for that is higher . Older and less healthy people pay more . Be sure to meet with a life insurance professional who can assist you with the right solution for your needs . 