Life insurance is cheaper than a cup of coffee
Think life insurance is too expensive? Think again.
There’s a misconception about the cost of life insurance. People think it’s expensive. But, let’s look at the costs of a daily cup of coffee versus that of a $250,000 term life insurance policy
for a healthy 30-year-old:
1
What a daily
cup of coffee costs…
At roughly $4 each,
buying a medium cup of coffee, 5 days a week, amounts to almost
2
80
$
/month
3
In a survey, when consumers
were asked how much a life insurance policy might cost each month, they guessed
What people think life insurance costs…
41
$
/month
Protect your family, pay off a mortgage or protect yourself from the cost of care with Select-A-Term starting at
What life insurance really costs…
13
$
/month
What a daily cup
of coffee costs…
What people think
life insurance costs…
What life insurance
really costs…
Still craving that cup of joe?
The $80 you would spend on coffee can cover the cost
of life insurance AND 15 cups of your favorite brew.
Now that’s a real eye-opener!
1 Male, 30-year-old, Preferred non-tobacco, $250,000, 20 year; Rates as of October 25, 2021.
2 Starbucks Prices - Fast Food Menu Prices. Retrieved June 3, 2021.
3 2021 Insurance Barometer Study. Median annual cost was $500. Best annual cost of a 20 year, $250,000 level term policy for a healthy, non-smoking 30 year-old consumer, as quoted
by Quick Life Center.
Policies issued by: American General Life Insurance Company (AGL), Houston, TX, Policy Form Numbers ICC21-19310 REV0321, ICC21-19311 REV0321, 19310-10 REV0321, 19311-10 REV0321 except in New York, where issued by The United States Life Insurance Company in the City of New York (US Life), Policy Form Numbers 19310N-33 Rev0321, 19311N-33 Rev0321. Rider numbers ICC14-14012, 14012, 14012N, ICC13-13601, 13601, 13601N, ICC14-14001, 14001, 14001N, ICC16-16420, 16420, 16420N. Issuing companies AGL and US Life are responsible for financial obligations of insurance products and are members of American International Group, Inc. (AIG). Products may not be available in all states and product features including rates may vary by state. All guarantees and benefits of the insurance policy are backed by the claims-paying ability of the issuing insurance company. They are not backed by the broker/dealer and/or insurance agency selling the policy, nor by any of their affiliates, and none of them makes any representations or guarantees regarding the claims-paying ability of the issuing insurance company. ©2021 AIG. All rights reserved.
AGLC200495 REV1221
NOT A DEPOSIT | NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY | MAY LOSE VALUE | NO BANK OR CREDIT UNION GUARANTEE | NOT FDIC/NCUA/NCUSIF INSURED
1 Male, 30-year-old, Preferred non-tobacco, $250,000, 20 year; Rates as of October 25, 2021.
2 Starbucks Prices - Fast Food Menu Prices. Retrieved June 3, 2021.
3 2021 Insurance Barometer Study. Median annual cost was $500. Best annual cost of a 20 year, $250,000 level term policy for a healthy, non-smoking 30 year-old consumer, as quoted by Quick Life Center.
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