Unless you've gotten life insurance quotes lately, the cost of coverage is probably less than you think.
Most Americans overestimate the price of life insurance by almost three times, according to recent research by the LIFE Foundation and LIMRA, a global research and consulting group. The average cost of a $250,000 level-premium term life policy for a healthy 30-year-old is $150 a year. On average, surveyed consumers guessed the annual cost at $400.
