Whole Life Insurance for Women
Women pay a much lower premium for Whole Life policies than men. The following looks at the top three carriers for $250,000 worth of Whole Life 20-Pay coverage, i.e. the insured is covered for life and the policy is paid-up after 20 policy years.
40-year-old, male non-smoker with $250,000.00 of 20-Pay coverage:
Western Life: $208.55/month
Empire Life: $219.83/month
40-year-old, female non-smoker with $250,000 of 20-Pay coverage: