Expect to pay $100-$500 monthly for a $50,000 whole life insurance policy depending upon your age, health, lifestyle, tobacco usage, state of residence, and the amount of coverage purchased.

Looking at $500,000 of coverage, a man in their 30s can expect to pay around $18 a month, whereas a woman would pay about $15 a month. This difference in monthly premiums increases drastically for 60-year-old applicants, where men can expect to pay around $137 a month versus $79 a month for women.

Average Cost of Term Life Insurance in California The average cost of life insurance in California is $73 for women and $89 for men. Factors such as age, gender, health status, the amount of coverage chosen and the term length all influence life insurance premiums.

The average cost of a $100,000 whole life insurance policy is about $88 a month, or $1,056 a year, based on our analysis of whole life insurance quotes for a 30-year-old nonsmoker in good health. Whole life insurance offers permanent coverage, meaning it typically lasts your lifetime as long as you pay your premiums.