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How much does $1.5 million ($1,500,000) of life insurance cost?

How much does $1.5 million ($1,500,000) of life insurance cost? I was working with a client recently who needed life insurance to protect his family.  After we went over some basic health questions, we did an in-depth needs analysis and determined he should have $1.5 million–$1,500,000 of life insurance in place to protect his family. He was 45 years old, married with two children, and had a good job and a mortgage.  He wanted to a policy that wasn’t going to be a strain on his monthly expenses. So after we instantly shopped the top companies in the country, we found […]

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$1,000,000 Term Life Insurance   When you begin to evaluate your life insurance needs, you will soon realize that the amount of money you would need to replace your income is higher than you anticipated.  Between the amount of money you need to replace your income, pay off debts and cover your children’s education, a $1,000,000 may be exactly what you need.  Use the needs analysis calculator to see how much life insurance you need Is a million dollars’ worth of life insurance going to cost me a lot of money though? Term life insurance is very inexpensive today.  A […]