Life Insurance Policy 50 000
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Rabu, 15 April 2020
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life insurance information
If you only require life insurance for 15 years, you’ll find a lower cost (possibly much lower) for a $50,000 term policy. $50,000 is the minimum term policy issued from all the companies we’re aware of.. Life insurance at 55 costs about 8% less than life insurance at age 56. Typically the max age to qualify for 30 year term is 50 to 55 with most companies. *However we have access to at least one company who will issue a 30 year policy up to age 58..
A 20 year level term policy for a 50 year old woman, non smoker, with no health problems, in the amount of $200,000 will cost only an average of $37 per month. A 30 year level term policy for a 50 year old woman, smoker, in fair health, in the amount of $400,000 will cost around $370 per month. Not surprisingly , if you are a smoker the price of a policy will go up a great deal, on average, it will double..