How Much Does The Average Person Pay For A Life Insurance Policy? 
The cost of Life insurance is dependent upon your health , vocation , smoking status and coverage period of your Survivor 's need for cash upon your death . Term plans are very inexpensive because very few insureds die during the coverage period . Permanent plans are more expensive because 100 % of the Surviving beneficiaries will receive its death benefit . Company Actuaries determine the rates for coverages using statistical information matching risk of death of an insured during the coverage period of the plan . 