July 18, 2018 by Brad Gunning

How Much Does $1 Million of Life Insurance Cost in 2018?

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Life Insurance QuoteThe cost of life insurance varies based on a number of factors, but below are some estimates for $1 million life insurance plans in some of our most popular states. For a personalized life insurance quote, be sure to click the “request quote” button.

The Cost of $1 Million of Life Insurance in 2018

On our life insurance page you’ll find valuable information that can help you decide what type of policy works best for you.

The rates below are a good rough estimate of what some people are paying for life insurance across the country, but please request a personalized life insurance quote for more accurate rates based on your specific demographics.

Cost of Life Insurance in New York

$1,000,000 life insurance for 35 year old
10 year term life insurance: $22.75 per month
20 year term life insurance: $36.68 per month
30 year term life insurance: $66.65 per month
Permanent life insurance: $371.19 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: $21.93 per month
20 year term life insurance: $35.69 per month
30 year term life insurance: $66.33 per month
Permanent life insurance: $360.11 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: $21.93 per month
20 year term life insurance: $35.69 per month
30 year term life insurance: $66.65 per month
Permanent life insurance: $323.41 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: $21.93 per month
20 year term life insurance: $35.69 per month
30 year term life insurance: $66.65 per month
Permanent life insurance: $323.41 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: $21.93 per month
20 year term life insurance: $35.69 per month
30 year term life insurance: $66.65 per month
Permanent life insurance: $323.41 per month

*All estimates assume healthy, non-smoker in Florida

Disclaimer: This information is provided for educational purposes only and does not constitute an offer for insurance. The figures provided are merely estimates and are current only as of the time of this posting. Please request a quote for more accurate personalized life insurance rates. Our lifetime quotes are based on Guaranteed Universal Life Insurance rates. These quotes do not reflect cash value building policies. We do not endorse cash value policies, with limited exceptions.

The Standard, MetLife, Principal Financial Group, Genworth, & Lincoln Financial Group