Your risk factors which give an indication of your longevity (life expectancy) will play a big part in that you pay for your million dollars of life insurance.
If you are young and healthy, your rate will be much lower than it would for an older person who has health issues.
In addition, other factors are considered, including your lifestyle, tobacco use, driving record, health history, occupation, and hobbies, among tother things.
Term life insurance which is temporary for up to 30 years will cost a lot less per year than permanent life insurance which provides guaranteed lifetime protection.
You can find out what a million dollars of life insurance may cost you by requesting free life insurance quotes online from a network of life insurance carriers by visiting a life insurance quote provider website.
Here's how you can learn more about finding out the cost of a million dollar life insurance policy and how to compare rates today.