While I’ve never managed to get an exact figure from someone who is signed up
I just e-mailed my life insurance guy to check. This July I need to send them a check for $401.70. This will cover me for the subsequent year. The payment may become less over the years as complicated financial things happen, I am informed. I went with a whole-life policy so I don’t have to deal with the headache of obtaining insurance more than once over my lifetime, so this is probably more expensive than what people with more headache-tolerance will be able to get.
Edit: Oh, and I’m young, and while I am not exactly the picture of health, I’m not unusually unwell in any of the ways they tend to check for, so this may be cheaper than what someone older or otherwise actuarially disadvantaged might get.
I just e-mailed my life insurance guy to check. This July I need to send them a check for $401.70. This will cover me for the subsequent year. The payment may become less over the years as complicated financial things happen, I am informed. I went with a whole-life policy so I don’t have to deal with the headache of obtaining insurance more than once over my lifetime, so this is probably more expensive than what people with more headache-tolerance will be able to get.
Edit: Oh, and I’m young, and while I am not exactly the picture of health, I’m not unusually unwell in any of the ways they tend to check for, so this may be cheaper than what someone older or otherwise actuarially disadvantaged might get.