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What is the average cost of life insurance per month?

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What is the average cost of life insurance per month?

The origin of the question is u.s.life insurance topic

I got this question in homework.

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Correct answer is: The average cost of life insurance is $27 a month. This is based on data provided by Quotacy for a 40-year-old buying a 20-year, $500,000 term life policy, which is the most common term length and amount sold. But life insurance rates can vary dramatically among applicants, insurers and policy types.Feb 8, 2022

The title of my answer is Average Life Insurance Rates for 2022

 You can read more about by answer on NerdWallet

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