JobzbrvQuick price check
Give your age, tobacco status, amount of cover and term. You get a monthly estimate, a yearly figure, the total over the term and the cost for every $1,000 insured.
Why prices differ so much
Each year of age adds risk, tobacco can nearly triple the cost, and longer terms are priced higher because the insurer carries your risk for longer.
Picture it
A healthy 30-year-old buying $500,000 for 20 years pays far less per month than a 45-year-old buying the same policy. That gap is why many people buy sooner.
Bring the price down
Choose the shortest term that still covers your needs, quit tobacco and ask about yearly payment discounts.
Bear in mind
Underwriting also looks at health, family history and lifestyle. Use this figure as a yardstick for real quotes.
Common questions
What does cost per $1,000 mean?
It is the monthly price divided by thousands of cover, handy for comparing different amounts.
Will the premium rise later?
A level term policy keeps the same price until the term ends.