Life insurance premiums vary greatly from person to person, since they depend on age, health condition, gender, financial situation, etc. The best life insurance company for your situation can also make a huge difference in your rate.
But to give you at least an idea of the cost, let’s say you are a 65-year-old male who is looking to retire in the next five years.
You decide to apply for a $100,000 Guaranteed Universal Life policy, to last until age 121. You end up paying around $178 a month, but this way you are guaranteeing coverage for the rest of your life.