$50000 Whole Life Insurance Policy Cost

What is $50K Guaranteed Group Term Life Insurance?

This type of policy provides peace of mind knowing your loved ones will be financially protected in the event of your passing. $50K Guaranteed Group Term Life Insurance is a type of life insurance policy offered to members of a specific group, such as employees of a company. The policy guarantees a death benefit of $50,000 upon the death of the insured individual, regardless of their health status. This type of policy is typically offered at a lower cost than individual life insurance plans and is a good option for those seeking affordable coverage.

How Much Does $50,000 Whole Life Insurance Cost?

The cost of a $50,000 Whole Life Insurance policy varies depending on several factors, including your age, health, and the insurance company. However, it's important to remember that Whole Life insurance is a permanent policy, meaning it offers lifelong coverage and builds cash value. If you're interested in a $50,000 Whole Life Insurance policy, it's recommended to contact a licensed insurance agent for a personalized quote and to compare options from different providers.