When you get time, check out life insurance plans offered by below providers. These providers offer few of the lowest prices insurance policies... AIG TIAA Mutual Of Omaha New York Life John Hancock Insurance. The average price for life insurance for a 30 year old comes around $20 for 250k coverage and about $45-60 for 1 million coverage.  The price of life insurance is more or less equal to 5 pounds of Organic chicken....or a 24-pack of corona at costco...or t