 paid for by airtime media are you paying too much for term life insurance there is a tremendous price war in the term life industry rates have dropped dramatically in the past few years for example a man aged forty five non-smoker can get one million dollars of coverage for seventy five dollars per month level rate for ten years or a man age fifty non-smoker can obtain five hundred thousand dollars of coverage for a monthly premium of one hundred ten dollars level rate for twenty years that's right