ANSWERS: 1
  • Your monthly insurance payment depends on the size of the benefit, your health and age and the type of policy you buy. For example, a healthy 40-year-old man can expect to pay about $250 per month for a $500,000 universal life policy, but he would pay only about $29 per month for a 20-year term policy with a $500,000 death benefit.

    Source:

    CNNMoney.com

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