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The average monthly cost of life insurance is between $24 and $540. This depends on the age and medical history of the person being insured as well as the geographic area.
Source: http://www.costhelper.com/cost/finance/life-insurance.html
Depends on your age, medical history and how much of a death benefit you're looking for. Whether you have term or whole life?
Depends on how long you are planning to live!
Ask an insurance broker (different firms have different rates) they can help you get insurance based on what you can afford to pay. Don't get term life or you'll have no access to your own money, and if you ever default you'll lose it all.
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