Friday, June 25, 2010

How much is a $15,0000 life insurance policy?

The cost of $15,000 of life insurance may vary from $10 per month to more than $50 per month depending on the type and amount of life insurance.

In addition, other factors may affect the price including your age, gender, health, family health history, occupation, hobbies, if you smoke or not, your height-to-weight ratio, etc.

Also, the minimum amount of life insurance offered by many insurers is $50,000, so the price for a smaller amount of life insurance, such as $15,000 of coverage, may be higher than expected when compared to the price for larger amounts of life insurance.

You can compare free life insurance quotes online and find out the lowest prices from over 70 leading life insurance companies for life insurance ranging from $50,000 of coverage up to $1,000,000 or more.

Some life insurers like Globe Life and Accident insurance Company, Colonial Penn and Mutual of Omaha specialize in providing smaller amounts of life insurance for seniors, with no medical exam required.

For instance, Globe Life Insurance offers up to $30,000 of simplified life insurance with no medical exam for people age 78 and under.

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