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Average Cost of a 2 Million Dollar Life Insurance Policy The cost of an insurance policy varies widely based on individual circumstances. For a $2 million, 20-year term life insurance policy, a 30-year-old might pay between $45 and $55 per month. The same policy could cost a 50-year-old between $150 to $202 per month.
On average, a renters insurance policy with $100,000 in liability coverage and a $500 deductible costs $22 per month, or $268 a year.
How Much Is a $1 Million General Liability Insurance Policy? On average, a $1 million liability insurance policy costs $69 a month, or $824 a year, for our small business owners.
On average, an insurance policy that offers coverage for up to $2 million can cost about $30 a month in premiums.
How Much Is a $1 Million General Liability Insurance Policy? On average, a $1 million liability insurance policy costs $69 a month, or $824 a year, for our small business owners. Keep in mind that every business is different, so the $1 million liability insurance cost will vary.
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