Your Ultimate Family Guide to Life Insurance Awaits

Cost Considerations

The cost of life insurance varies based on several factors, including age, health, lifestyle, and the type of policy you choose. Term life insurance is generally more affordable than whole life insurance, with monthly premiums often ranging from $20 to $50 for a healthy individual in their 30s³. Whole life insurance premiums are higher, but they offer the added benefit of cash value accumulation. It's essential to shop around and compare quotes from different insurers to find the best deal for your family's needs.