In addition, each life insurance carrier has their own pricing guidelines base don rate classifications they use to come up with the rate per $1,000 of life insurance coverage you purchase. You rate classification is based on your own personal risk factors which may include your gender, family health history, lifestyle, if you smoke or not, driving record, occupation, hobbies, etc.
The cost of a 30 year term life plan may very from $10 per month to hundreds or more per month depending on the amount of life insurance, your age, and your risk factors mentioned above.
Remember, with a 30 year term life policy your rate is guaranteed to remain the same each year, while the amount of life insurance stays level for the entire 30 year term.
If you are above 50 years of age you may or may not qualify for 30 year term, but will probably be ale to purchase a 20 year term life policy.
Here's how you can compare 30 year term life insurance rates online today from several leading life insurance companies without delay.