Average Life Insurance Rates for December 2023
Savings Corner
DECEMBER 25, 2023
This is based on data provided by Quotacy for a 40-year-old buying a 20-year, $500,000 term life policy, which is the most common term length and amount sold. That’s why it’s wise to buy life insurance as early as possible; the longer you wait, the more your rates will increase based solely on age. Data valid as of December 12, 2023.
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