How Much Does a $1,000,000 Life Insurance Policy Cost per Month?

Did you know that Americans believe on average that life insurance costs 3X more than it actually does? While we could dive into the many different false beliefs of why that is the case, we like to keep it simple at Rebellion Insurance.

Life Insurance Is More Affordable Than You Think

When determining the cost of life insurance it really boils down to 2 things: your age and your health. So, logically, the younger you are and the healthier you are the lower your premium rates will be compared to someone who is older and/or who is not as healthy as you.

Also, it depends on the type of policy you get. When comparing rates for the same protection amount, term life insurance is typically 7-10X less expensive than whole life policies. That's why we always recommend term life insurance. (if you want more reasons to choose term life insurance check out our article here)

Let's take a 35 year old male as an example. These are the different options he could consider to protect his family:

As you can see, each one of these options can give a Dad the peace of mind he needs when it comes to protecting his family. Term life insurance gives the maximum amount of coverage for just dollars a day.

This allows Dads the ability to secure their family's future, not break the bank, and enjoy life knowing no matter what happens, their family is financially protected.