Term Insurance can cost less per day than a Latte
Many people assume that all life insurance is expensive. This is simply not the case. Term life insurance is often the most affordable way to purchase a death benefit and protect your loved ones.
For example: A 35 year old female in excellent health can purchase a $1,000,000 death benefit for a term length of 20 years for $380 per year. That is $1.04 per day, which is quite a bit less than the cost of a morning latte. A 30 year term policy can be purchased for as low as $680 per year, which is $1.86 per day!
A 35 year old male in excellent health can purchase a $1,000,000 death benefit for a term length of 20 years for $442 per year. That is only $1.21 per day. A 30 year term policy can be purchased for as low as $815 per year, which is $2.23 per day!
These quotes are from an insurance carrier that has an A+ rating from A.M. Best rating agency.
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