How Much Is Critical Illness Insurance? 
The premiums for Critical Illness Insurance depend on your age , gender , and smoking status . Rates in 2009 ranged from an average of $ 200 per year for a 40 year old nonsmoking male , for a lump sum benefit of $ 10,000 . At 50 years old , the average cost for that amount was $ 290 . Cost per thousand went down as the benefit went up , so that the average rate for $ 50,000 for that same man was only $ 730 at age 40 , rather than 5 times the $ 10,000 premium . 