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How Much Does Life Insurance Cost per Month? It costs an average of $17 a month for a 20-year, $500,000 term life insurance policy for a 30-year-old woman and $21 a month for a 30-year-old man.

As a former claims handler and fraud investigator, Jason Metz has worked on a multitude of complex and multifaceted claims. The insurance industry can be seemingly opaque, and Jason enjoys breaking ...