How Much Does Life Insurance Cost On Average? 
It will depend on a variety of factors including ; 1 -RRB- Age - the younger you are , the less expensive it is 2 -RRB- Tobacco use - smokers pay a higher premium than non smokers 3 -RRB- Gender - females tend to be less expensive than their male counterparts at the same age 4 -RRB- Past health - people in good health get better rates than those who have had health issues 5 -RRB- The company you choose - if you compare the same product with different companies you may get various prices . Cheaper is not always better so you need to shop . 6 -RRB- Finally , the type of insurance you choose will impact the price greatly . For younger people term insurance tends to be less expensive than whole life or universal life . Let an agent -LRB- like myself -RRB- give you a quote based on your particular circomstances so you can shop and compare . 