Any father would want what is best for his family. You protect and support your wife and children now so it goes without saying that if you could continue to do so even in the event that you were to suddenly die, you would still want what’s best for them. The good news is that with life insurance you can continue to protect and support your family.
How much is life insurance for a father? Really, the amount of money you will have to pay for coverage depends on a few factors, including your age, health status and the amount or type of coverage you wish to purchase. Because every life insurance company will base their quotes on the level of risk they deem you to pose as an insurance candidate, the amount of money you can expect to pay will be determined by your application and the health exam you will need to complete. There is no one general price for life insurance for a father but a range of prices depending on the father who is applying.
So, for instance, if a 34-year old, non-smoking father from Georgia applied for a term life policy with a 20-year term and $500,000 worth of coverage, he could expect to receive policy quotes as low as $255 a year or as high as $410 a year. Take that same father but make him a smoker and the quotes jump from between $945 a year and $1,492.50 a year. As you can see, the fact that a father smokes can make a significant difference in the amount of money he can expect to pay for life insurance.
In another example, make that same dad, who is a smoker, 10 years older and the quotes jump again from between $2,265 a year to $3,475 a year. This goes to show that until you run some quotes using an online rate estimator like the one found at TermLife-Insurance.com, you won’t really know how much it costs for life insurance as a father.
Compare quotes today at TermLife-Insurance.com today to find out how much you can expect to pay for the coverage that will protect your family when you’re unable to do so.