The cost of term life insurance can vary depending on a variety of factors. These factors include your age, gender, health condition, lifestyle choices, desired coverage amount, and the term length of the policy. Generally, younger individuals with good health can secure lower premiums compared to older individuals or those with pre-existing medical conditions. Additionally, men typically pay higher premiums than women due to statistically higher mortality rates.
To give you a rough estimate, a healthy non-smoking individual in their 30s can expect to pay anywhere from $10 to $30 per month for a $250,000 policy with a 20-year term. However, it's important to note that these figures are just examples, and actual prices may vary.
It's highly recommended to obtain personalized quotes from multiple insurance providers to get an accurate understanding of the cost for your specific situation. Insurance companies typically consider various factors when determining premiums, so it's best to reach out to licensed insurance agents or use online comparison tools to get quotes tailored to your needs.