Life Insurance generally provides a tax free lump sum payment to loved ones on the death of the insured person.
The above premiums are the indicative costs for a non-smoker in an office position.
| Age | Level of cover | Monthly Premium | |
| Male | Female | ||
| 20 yrs | $250,000 | $26 | $18 |
| $500,000 | $42 | $26 | |
| $750,000 | $59 | $35 | |
| $1,000,000 | $71 | $41 | |
| 30 yrs | $250,000 | $20 | $16 |
| $500,000 | $30 | $23 | |
| $750,000 | $40 | $30 | |
| $1,000,000 | $49 | $36 | |
| 40 yrs | $250,000 | $24 | $21 |
| $500,000 | $37 | $30 | |
| 7250,000 | $52 | $40 | |
| $1,000,000 | $62 | $48 | |
| 50 yrs | $250,000 | $55 | $42 |
| $500,000 | $94 | $70 | |
| $750,000 | $136 | $100 | |
| $1,000,000 | $163 | $118 | |
| 60 yrs | $250,000 | $190 | $118 |
| $500,000 | $336 | $211 | |
| $750,000 | $404 | $315 | |
| $1,000,000 | $622 | $386 | |