Did You Know? Most People Overestimate the Cost of Life Insurance

When asked to estimate the price of life insurance, most people guess several times the actual cost — especially for term life, which covers you for a set period like 10, 20, or 30 years.

For a healthy adult, term life insurance is often more affordable than a monthly streaming bundle. The younger and healthier you are when you start, the lower your rate typically locks in.

Life insurance is one of the simplest ways to help make sure your family can stay in their home and cover everyday expenses if something happens to you. If you've been putting it off because you assumed it was expensive, let's find out what you'd actually pay.