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There really is not a suitable answer to this question since the amounts will greatly vary.
For example, there are consumers who have no life insurance and therefore spend no money! Perhaps they will never die.
And there are consumers with large estates and estate tax concerns that will spend tens of thousands of dollars per month.
What should you pay? It depends on your specific financial situation...both your need and budget. An experienced broker will help you find the best solution.
There are too many variables that need to be factored into the equation to determine the cost of life insurance for any one person: Gender, smoking status, health, family history, recreational activity, driving record, substance abuse and prescriptions to name a few.
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For example, there are consumers who have no life insurance and therefore spend no money! Perhaps they will never die.
And there are consumers with large estates and estate tax concerns that will spend tens of thousands of dollars per month.
What should you pay? It depends on your specific financial situation...both your need and budget. An experienced broker will help you find the best solution.