how much does whole life insurance cost 
on average whole life insurance policies are significantly more expensive than term life insurance investopedia research using quotacy found that the average monthly premium for a 500 000 whole life insurance policy ranges from 247 for a 30 year old female to 887 for a 60 year male in contrast monthly premiums for term life insurance range from 25 for a 30 year old female to 241 for a 55 year old male for the same amount of coverage 