How much does a 500000 20 year term life insurance policy cost for a 37 year old?

What would it cost a 37 year old male to buy a 500000 dollar 20 year term life policy per month?

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One thought on “How much does a 500000 20 year term life insurance policy cost for a 37 year old?”

  1. Actually, I just got a quote from RBC Insurance in Canada. I am a 36 year old man with no major medical issues and 2 dependents. The insurance agent told me that a $500,000 term 20 policy would cost me $40.62 per month. What term 20 means is that my monthly rate would be guaranteed for the next 20 years...but after that term is over, it would renew based on a new quote considering my age (which would be 56 at that point).

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