How Much Should I Pay For Life Insurance? 
It 's very difficult to say what you should be paying for life insurance because it depends on a number of factors and we all have our own needs and budgets . There 's many factors that go into premium pricing to say what an average plan costs . The risk class 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 items 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 the type of policy you 're looking to secure - how much coverage do you want/need and for how long do you want/need it guaranteed for -LRB- term vs. 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 . Consult with an experienced broker to see what programs are available and what structure would be most suitable to best serve your needs . We have in-depth knowledge of products from many different carriers and can help you through the entire process of securing life insurance from figuring out how much coverage you need and how long to placing the coverage in force and beyond . Please let me know if I can be of further assistance . Thanks very much . 