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Updated on December 18, 2025

Lucas

Participant

December 18, 2025 at 8:13 pm

How much does a $100,000 life insurance policy cost per month?

I’m trying to find out how much a $100,000 life insurance policy typically costs per month. Can someone explain the expected monthly premiums for a $100,000 term or whole life policy, and how factors like age, gender, health status, tobacco use, and coverage type affect the price? I’d really appreciate real examples or quotes people have received.

Life Insurance

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Kimberly Alex

Participant

December 18, 2025 at 8:13 pm
It depends, but a $100k life insurance policy is usually pretty cheap for most people.

For term life insurance, which is what most people get:
- If you’re in your 20s–30s and healthy, it’s often around $8–$15 per month
- 40s, more like $15–$30 per month
- 50s, usually $30–$60+ per month
I got quoted around $12/month in my early 30s for a 20-year term, non-smoker. Friends in their 40s pay closer to $25–$35.

For whole life insurance, it’s a completely different story:
- Expect $80–$150+ per month, sometimes more
  That’s because it lasts your entire life and builds cash value.
Things that change the price a lot:

Age (biggest factor)
- Smoking
- Health issues
- Term length (10 vs 20 vs 30 years)
- Company you choose
One tip: quotes vary wildly between companies. I saw a $10/month difference for the same coverage just by shopping around.

Bottom line:
If you’re healthy and just want basic coverage, term life is cheap. Whole life is much more expensive and usually only makes sense in specific situations.