How To Buy Life Insurance?
Many people find it complicated and confusing to buy life insurance. It is not complicated to understand.
Buying life insurance is no different than the many other things you buy daily. You buy it by its unit costs.
- Age
- 35
- 36
- 37
- 38
- 39
- COI/1,000
- $1
- $1.10
- $1.20
- $1.30
- $1.50
- 100K Policy
- $1 x 100 =$100/year
- $1.10 x 100=$110/year
- $1.20 x 100=$120/year
- $1.30 x 100=$135/year
- $1.50 x 100=$150/year
As he ages into his later years, the cost escalates greatly.
