How Much Is Life Insurance For A 20 Year Old? 
Life insurance for a 20 year old is typically going to feature very low rates assuming he/she is in decent health . Unfortunately , there 's too many factors that go into premium pricing to say what an average plan costs . The risk classification is the most critical factor in determining the cost -LRB- premium -RRB- of a life insurance policy . The risk class depends on a number of factors including whether you 're male or female , your medical history , height/weight profile , any tobacco usage , and other factors . Keep in mind , every carrier has their own set of underwriting guidelines and mortality tables , and each may offer a different risk class for a given medical profile - e.g. company A may offer preferred -LRB- featuring lower rates -RRB- and company B may only offer standard -LRB- featuring higher rates -RRB- . Also affecting the premium for a policy is your age , how much coverage you want/need , and how long you want to guarantee it for -LRB- term or permanent -RRB- . Non-medical policies generally cost more than fully underwritten policies that require an exam because an insurance company is taking on more risk without having a full medical picture of you . It 's always advisable to consult with an experienced life insurance broker to determine what coverage is appropriate/suitable for your needs and budget . I hope the information is helpful - please feel free to contact me for help and if you have any questions . Thanks very much . 