How much does life insurance cost?

Life insurance costs vary based on your age, health, coverage amount, and policy type. As an example, term life insurance for a healthy 30-year-old can start around $15 to $25 per month for $250,000 in coverage. Examples are not a quote. I compare rates across multiple carriers to find the best price for your situation.

What is the difference between term and whole life insurance?

Term life insurance covers you for a set period (10-30 years) and is the most affordable option. Whole life insurance covers you for your entire life and builds cash value over time. Term is best for temporary needs like mortgage protection. Whole life is best for permanent coverage and estate planning.

Do I need a medical exam for life insurance?

Not always. Guaranteed issue and simplified issue policies do not require a medical exam. Guaranteed issue has no health questions at all. Simplified issue has a short questionnaire. Traditional underwritten policies offer the best rates but require health screening.

How much life insurance coverage do I need?

A common rule of thumb is 10-12 times your annual income, but the right amount depends on your debts, dependents, future expenses like college, and your family's living costs. During your free consultation, I help you calculate exactly what makes sense for your situation.

Life Insurance

Life insurance doesn't have to be confusing.

Five ways to protect the people who depend on you. Here's how each one works, who it fits, and how to tell which is right for you, at no cost to you.

Call 844-800-2253 Book a free consultation

The five types

Compare the options

How each type actually works.

Term Life Insurance

Affordable protection for a set window.

What it is: Coverage for a set period (10, 15, 20, 30 years). If you pass away during the term, your beneficiaries get the death benefit. If the term expires, coverage ends unless renewed.
Who it's for: Young families, parents with kids at home, anyone who needs affordable coverage for a specific window: mortgage payoff, kids through college, income replacement during working years.
Why choose it: Most affordable option. Simple to understand. Covers the years that matter most.
Good to know: No cash value. Coverage ends when the term expires.

Whole Life Insurance

Permanent coverage that builds cash value.

What it is: Permanent coverage that lasts your entire life. Builds cash value over time that you can borrow against or withdraw.
Who it's for: People who want lifelong coverage and a savings component. Estate planning. Leaving a guaranteed inheritance.
Why choose it: Never expires. Cash value grows tax-deferred. Predictable premiums that never increase.
Good to know: Higher premiums than term. Cash value growth is slow in early years.

Indexed Universal Life (IUL)

Permanent coverage with market-linked growth and a floor.

What it is: Permanent life insurance where the cash value is tied to a market index (like the S&P 500) but with a floor that protects against losses. Flexible premiums.
Who it's for: People who want permanent coverage plus growth potential. Those interested in supplemental retirement income through policy loans.
Why choose it: Upside potential with downside protection. Flexibility in premiums and death benefit. Tax-advantaged cash accumulation.
Good to know: More complex than term or whole. Caps on gains. Requires understanding of how indexing works, which is exactly what the consultation covers.

Guaranteed Issue Life Insurance

No exam, no health questions, guaranteed approval.

What it is: Life insurance with no medical exam and no health questions. Acceptance is guaranteed regardless of health history.
Who it's for: People who have been denied coverage elsewhere. Those with serious pre-existing conditions. Seniors who need final expense coverage.
Why choose it: Can't be turned down. Simple application.
Good to know: Lower coverage amounts (typically $5K-$25K). Higher premiums per dollar of coverage. Usually has a graded death benefit (full payout after 2-3 years).

Simplified Issue Life Insurance

No exam, just a few health questions.

What it is: Life insurance with no medical exam but a short health questionnaire (usually 5-10 yes/no questions).
Who it's for: People who want faster approval than traditional underwriting but aren't in guaranteed issue territory. Those with minor health concerns.
Why choose it: Faster process than fully underwritten policies. More affordable than guaranteed issue. No needles, no doctor visits.
Good to know: Some health conditions may still result in denial. Coverage amounts are moderate.

Find your fit

Which type fits your situation?

A quick way to narrow it down. We confirm the details on the call.

You need to cover a specific time period (mortgage, kids, income replacement): Term Life
You want coverage that never expires and builds cash value: Whole Life
You want permanent coverage with growth potential and flexibility: IUL
You've been turned down for coverage before: Guaranteed or Simplified Issue
Not sure?: That's what the consultation is for.

Full transparency

What I don't offer (and why it matters).

Knowing where I can't help is part of knowing you can trust me where I can. Here's what falls outside my scope.

Variable Universal Life (VUL)

Unlike IUL, VUL invests directly in the market with no floor protection, meaning your cash value can lose money. I focus on products where your downside is protected.

Group Life Insurance

Employer-sponsored group coverage is handled through your HR department, not an independent agent. I help individuals and families directly.

Life insurance carriers I represent

Aetna Americo Corebridge ETHOS Mutual of Omaha TransAmerica

Good questions

Common life insurance questions.

How much does life insurance cost?: Life insurance costs vary based on your age, health, coverage amount, and policy type. As an example, term life insurance for a healthy 30-year-old can start around $15 to $25 per month for $250,000 in coverage. Examples are not a quote. I compare rates across multiple carriers to find the best price for your situation.
What is the difference between term and whole life insurance?: Term life insurance covers you for a set period (10-30 years) and is the most affordable option. Whole life insurance covers you for your entire life and builds cash value over time. Term is best for temporary needs like mortgage protection. Whole life is best for permanent coverage and estate planning.
Do I need a medical exam for life insurance?: Not always. Guaranteed issue and simplified issue policies do not require a medical exam. Guaranteed issue has no health questions at all. Simplified issue has a short questionnaire. Traditional underwritten policies offer the best rates but require health screening.
How much life insurance coverage do I need?: A common rule of thumb is 10-12 times your annual income, but the right amount depends on your debts, dependents, future expenses like college, and your family's living costs. During your free consultation, I help you calculate exactly what makes sense for your situation.

Final expense insurance Health & Medicare About Justin Bautista Book a call

Let's find the right fit.

Free consultation. No obligation. I compare plans across multiple carriers to find your best price.

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Justin Bautista, Licensed Insurance Producer · NJ License #3001996877 · JB Financial Service Agency (DBA pending NJDOBI approval)

This page is for informational purposes and does not constitute an offer of insurance. Policies are issued by the carriers shown above; final terms, coverage, and eligibility are determined by the carrier's underwriting.

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