How Much Does A Whole Life Insurance Policy Cost? 
The simple answer to this question is : It Depends . :-RRB- It depends on a variety of factors , including : How much death benefit you would like . Your health status . Your age . The company you would buy it from . The features you would elect inside the policy . There are several types of Life Insurance coverage for a person to choose from , each with its own features and own purpose . In general , for a stated amount of death benefit coverage , monthly or annual premiums for a Whole Life policy are higher than a Term Life policy , but it would be faulty to compare those types of policies just based on monthly premium . Do n't make the mistake of comparing those types of policies just based on monthly premium . Speak with a knowledgeable professional about your goals and how life insurance may fit in so that you can make the best decision for your situation . 