How Much Does Life Insurance Cost?
The biggest life insurance policy which you might be able to purchase is $10,000,000 dollars. I did some research to see how much a policy would cost a billionaire who is 30 years old, and there seem to be more and more of them in this age range these days. I also looked at what a 50 year old billionaire might pay.
The following quotes are for a Preferred Plus Non-Smoker who is in reasonably good health.
$10,000,000 Term Life Insurance Quotes for Male Aged 30
Top 3 Companies Whole Life and No Lapse Universal Life
Monthly Annual
North American $2,785.99 $32,868.00
Prudential N/A $33,198.00
Protective $2,975.49 $34,478.40
$10,000,000 Term Life Insurance Quotes for Male Aged 50
Top 3 Companies Whole Life and No Lapse Universal Life
Monthly Annual
Nationwide $6,819.98 $78,820.00
North American $6,747.04 $79,468.00
American General $6,848.14 $79,750.12
(Disclaimer – The above quotes are good as of February 20,2013)
As you can from an investment perspective, it’s much better to get a policy as soon as you can when you’re younger rather than putting it off until later.
Where can Billionaires Find The Best Life Insurance Rates?
You always want to talk to an independent agent like myself. We can access and research dozens of companies so you are assured we will find the best policy at the most affordable rates. If you have health concerns, don’t let that dissuade you because we can give you valuable advice and help you to find a policy that suits you.
Whatever your needs or questions then please call me direct at 877 – 966 – 9383.