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The average monthly cost of life insurance depends on a number of factors. There is no specific average monthly cost for life insurance for several reasons: 1. There are many type of life insurance. 2. Rates for life insurance vary by insurance company. 3. Several factors are considered when determining your life insurance rate, including: your age, gender, occupation, health, family health history, height-to-weight ratio, smoker/non-smoker, type of life insurance, amount of life insurance, premium payment option, hobbies, among other things.
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