The premium you pay for your life insurance policy on a monthly basis is determined by several factors, including personal risk factors; such as, your age, gender, health, driving record, tobacco use, occupation, hobbies, and lifestyle, among other things.
In addition, the type and amount of life insurance you buy affect the monthly cost of your coverage.
Monthly premiums may range from a few dollars to several hundred dollars per month depending on the above-mentioned factors.
You can compare the most affordable monthly premiums by requesting free life insurance quotes online.
Learn more about how much life insurance costs per month.