What Does A Million Dollar Life Insurance Policy Cost? 
The answer depends on the following facts : 1 . Do you want Term -LRB- temporary -RRB- or Whole or Universal -LRB- both permanent -RRB- ; 2 . Your Age ; 3 . Your Health ; 4 . Do you have a hazardous occupation ; 5 . Do you smoke , including e vapors , and if not , have you ever . Term is the least expensive at first , but after a few years becomes the most expensive , and may not even be available to you if your health deteriorates . Permanent locks in your premium for the rest of your life and is always there for you . If you go with the cheapest term , depending on the factors above , you might get $ 1,000,000 for as little as $ 200 a month , or if older , as much as over $ 1,000 . You need to discuss all your options with an experienced agent . Thank you . GARY LANE . 