How much does life insurance cost for a 20 year old?
Answered by 4 licensed agents
Answered by Jack Mayer on August 20, 2026
Broker Licensed in CA
Generally, though, a healthy 20-year-old can expect to pay around $15-$18 a month for a term life policy with a death benefit of $500,000. It goes up or down from there depending on coverage needs.
Answered by Jim Mentink on August 20, 2026
Agent Licensed in ME, FL, IL & 8 other states
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Answered by Dean Chiapetto on August 20, 2026
Broker Licensed in VA, MD, NC, TN & WV
Answered by Mark Maliwauki on August 20, 2026
Agent Licensed in ID
Tags: Rates and Costs
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