Okey dokey, so roughly how much would 0,000 of term life cost annually for a 40 year old male non-smoker for a 20 year term?

 

  • mbrcatz17 5:06 pm on March 9, 2010 Permalink

    OK, you have to compare apples to apples, so I’d suggest you compare the annual premium, instead of the monthly premium, which adds installment fees to it.

    If it’s straight, 20 year term with no riders, and you are healthy (preferred rates), it should run you around $400-500 or so a year.

  • sathussaink04 5:06 pm on March 9, 2010 Permalink

    Premium Would be 10 lakhs contact me..

  • Samantha 5:06 pm on March 9, 2010 Permalink

    insurance companies want you dead

    if you dont believe me watch this

    http://www.flixya.com/blog/GOLDCash360/1/Insurance

  • Eric Camarillo Jr. 5:06 pm on March 9, 2010 Permalink

    it would cost $48.45 with my company and thats a price that will stay the same for the length of the 20 years

    Annually it would cost $510.00

    you save $71.40 if you pay it annually instead of monthly

  • Vishesh K 5:06 pm on March 9, 2010 Permalink

    You will get best possible suggestion on this sites

    http://www.insuranceplan4u.com

  • src50 5:06 pm on March 9, 2010 Permalink

    Could be anywhere from $40-$150 a month depending on the underwriting (insurance physical).

  • AIG_MU 5:06 pm on March 9, 2010 Permalink

    Are you in Australia? I can offer you an affordable premium for your cover for the next 20 years, and if you do not make a claim, my insurer refunds 100% of your total premium paid, back to you. So when you are 60 years old, you can look back and tell yourself, I have a free life insurance for the last 20 years.
    Everyday, we have enough living expenses. Mobile phones, petrol, internet bills, car insurance, rego, home insurance, etc. If you never use them, can you ask for a refund from those companies???
    If you can save on your life insurance, why not? Do not pay life insurance where you do not get back your money, as it looks like you are making bets with the insurance company year after year :)

  • james m 5:06 pm on March 9, 2010 Permalink

    With Motorists Life, assuming you are a preferred risk, the annual rate for a 40 year old male for a $250,000 20-year Renewable term would be $287.50, or $24.73 per month. Of course that premium is for my state.

    That beats PFS quite handsomely, doesn’t it?