Anthony,
Term life insurance, provides only death protection without any side funds or cash values (offering the least expensive cost per $1,000 of death coverage purchased).
Term life insurance.
The simplest of all life insurance to understand and the cheapest to buy:
Term life insurance provides death benefit protection without any savings,investment or cash value components for the term of the coverage period.
Term life insurance is available for set periods of time such as 10, 15, 25 or 30 years. With annual renewable term life, your policy automatically renews each year and premiums increase as you get older. Choose level term insurance if you want your premium to stay the same for the duration of the policy. Also available is decreasing term insurance, where premiums remain level but your death benefit declines over time. This is good if you want to cover only a specific debt that decreases, such as a mortgage or business loan. Choose level term insurance if you want your premium to stay the same for the duration of the policy

Great Question.

Jackie,
Becoming a member of the older generation brings change in your financial needs. And insurance companies can offer proper terms for a person of your age, which includes dozens of discounts given to seniors in many different cases.

For example, auto insurance rates; homeowners insurance and some other insurance rates decrease, as you get older. But it’s not the case for life insurance. Life insurance rates are expected to increase, as you get elder. So, it is not an easy job to find reasonable life insurance for seniors.
Life insurance is a sensible investment when you are a senior. Costs connected to funeral are actually high and your family will have to cover all these expenses, if you do not have senior life insurance. Affordable life insurance for seniors will protect your family from such financial burdens.
If you are senior citizen and familiar with the principal use of a computer,the internet can help you very much in finding an affordable life insurance policy. There are many websites where online businesses are offering their services that will assist you find the best life insurance policy obtainable
Excellent Question.

Mike

Ft Worth, TX.

Mike,

That is a hard one to say, there are so many factors to take into consideration for an exact amount. Like your health, or you amount of debt, or is an investment for the future.

But on average a a healthy, non-smoking 35 year old male, you can get 10-year, $100,000 term life insurance policy for as little as $8.50 a month (or as little as $8.08 a month for a comparable female).

Expenses need to be taken care of once you are gone, aside from your lack of financial contribution. Your beneficiaries will need to pay for your funeral and burial services. The average funeral can cost up to $10,000 today.

So as you see that is the average cost of of Term Life Insurance policies today. But you still need to due some thinking as to how much and where it is really going to be used .

Hope this web site helped answer your question.

Thank You