March 3, 2016 by Brad Gunning

$1,000,000 Life Insurance Quotes

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Life Insurance

LIFE INSURANCE QUOTEThe most common questions we receive regarding life insurance are:

  1. How much life insurance do I need? and
  2. How much does life insurance cost?

How Much Life Insurance Do I Need?

Larry Light wrote an in-depth article for Forbes covering the various factors you should consider in determining how much life insurance you need.

A good starting point for determining how much life insurance you need is using a life insurance calculator.

How Much Does $1 Million in Life Insurance Cost?

A few years ago we addressed how much $1,000,000 in life insurance costs. Below are updated quotes for 2016 for various regions of the United States. For estimated life insurance quotes for amounts other than $1MM click here.

Cost of Life Insurance in New York

$1,000,000 life insurance for 35 year old
10 year term life insurance: $23.31 per month
20 year term life insurance: $38.85 per month
30 year term life insurance: $71.23 per month
Permanent life insurance: $359.00 per month

*All estimates assume healthy, non-smoker in New York

Cost of Life Insurance in Montana

$1,000,000 life insurance for 35 year old
10 year term life insurance: $22.10 per month
20 year term life insurance: $37.20 per month
30 year term life insurance: $68.26 per month
Permanent life insurance: $359.00 per month

*All estimates assume healthy, non-smoker in Montana

Cost of Life Insurance in California

$1,000,000 life insurance for 35 year old
10 year term life insurance: $22.10 per month
20 year term life insurance: $37.20 per month
30 year term life insurance: $70.00 per month
Permanent life insurance: $359.00 per month

*All estimates assume healthy, non-smoker in California

Cost of Life Insurance in Texas

$1,000,000 life insurance for 35 year old
10 year term life insurance: $22.10 per month
20 year term life insurance: $37.20 per month
30 year term life insurance: $70.00 per month
Permanent life insurance: $359.00 per month

*All estimates assume healthy, non-smoker in Texas

Cost of Life Insurance in Florida

$1,000,000 life insurance for 35 year old
10 year term life insurance: $22.10 per month
20 year term life insurance: $37.20 per month
30 year term life insurance: $70.00 per month
Permanent life insurance: $359.00 per month

*All estimates assume healthy, non-smoker in Florida

 

If you’re interested in purchasing life insurance, we offer the fastest and most convenient process for purchasing life insurance. You can do so online without a medical exam, test, waiting period, or having to talk to a life insurance salesperson. If you qualify, your policy will be issued in minutes. Click here to purchase life insurance online.

If you’d like to purchase life insurance the old fashioned way, we’d love to talk to you! Our life insurance agents are extremely knowledgeable and abide by a “no pressure” policy. Give us a call or request a custom quote  and one of our agents will answer all your questions and provide you with a free quote for a life insurance policy that works for you.

Summary
Life Insurance
User Rating
5 based on 1 votes
Service Type
Life Insurance
Provider Name
Montana Life Group,
Area
Available in most states.
Description
A detailed look at the price of $1,000,000 in life insurance for terms of 10, 20, and 30 years, as well as permanent life insurance. Prices start as low as $22/month.
The Standard, MetLife, Principal Financial Group, Genworth, & Lincoln Financial Group