How Much Does It Cost For Life Insurance? 
Both answers above are correct . My first answer to `` How much does life insurance cost '' would be to ask , `` How much life insurance do you want or need ? '' The amount of benefit is a major factor in premiums for life insurance . Then the other factors such as age , health , tobacco use , gender are the other major factors . Then there 's the type of insurance : Whole Life , Term , Universal , etc. . When comparing Term policies the next biggest factor is the length of the term . And then there 's the insurance Company to consider . Different companies have different premiums for the same basic policy . Then there are `` riders '' that increase the benefits of the policy . Your best bet is to consult an Insurance Adviser who can broker several different companies and help you to compare . 