Entrepreneurs: What is your life insurance and how much do you pay for it?

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$95/month for a 1M coverage

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Why is this relevant to just entrepreneurs? Are you talking about key-man insurance?

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Best bet is to go through a broker to help you navigate, esp if you have health risks.

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$56 a month. I’ve had the policy since I was 18. I’m 31. It’s set at 500k

I use to pay less but increased as I’ve aged, it’s with primerica .

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No it’s term, it might have increased bc I’ve upped coverage over the years. I think when I was 18 I had 50k just to cover necessary expenses and not leave my immigrant parents with any burdens for being young and wreck less .

I meant that if your employer doesn’t pay for your insurance but you are self sourcing it, what terms do you get.

Agreed, LDM1. And such benefits are employee paid, on a pre-tax basis.

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