How Much Does Life Insurance Cost For A 20 Year Old?

  1. 63333 POINTS
    Peggy Mace
    Most of the U.S.
    Of course, how much life insurance costs for a 20 year old depends on how much life insurance the 20 year old is purchasing, how long they want the premium to be locked in, whether they have any health problems, and if they want to purchase a policy that requires an exam or goes with a quick policy requiring no medical exam. For a very healthy nonsmoker at age 20, who is purchasing $100,000 of 30 year level Term without having to take an exam, the price is about $25/month. This is much less if you take an exam.
    Answered on June 21, 2013
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