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I'm looking for information on the cost of term life insurance for a 30-year-old. Can anyone provide some insights or estimates? Thanks!
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The cost of term life insurance for a 30-year-old can vary depending on several factors, including the coverage amount, term length, and the individual's health and lifestyle. However, to give you a general idea, let's consider a healthy 30-year-old non-smoker male looking for a 20-year term life insurance policy with a coverage amount of $500,000. According to recent data, the average cost for such a policy could range from $20 to $30 per month. Keep in mind that this is just an estimate, and actual prices may vary based on individual circumstances and insurance providers. It's always a good idea to get quotes from multiple insurance companies to compare prices and find the best policy for your needs.
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