Feature variation makes it almost impossible to calculate
an average monthly premium cost for individual policies bought directly online.
The average monthly premium cost for a typical policy configuration may give you an idea of what you may need to spend to protect your income.
Not exact matches
The below table shows the estimated
monthly cost of pet insurance for the most popular breeds of cat,
averaged across the expected
monthly premiums of the different plans at several major pet insurance providers.
Average Monthly Cost Monthly premium costs for pet insurance follows no particular pattern.
Policies have a yearly
premium that can be paid
monthly, and the
average cost ranges between $ 30 to $ 50 per month.
Note: I calculated the
premiums for the above examples by adding the
monthly costs from 12 different life insurance carriers and dividing them by 12 to get the
average.
This plan provides the best balance of 1) low
monthly premiums (only $ 5 / mo more than the absolute lowest
monthly payment), 2) low worst case
costs ($ 6700 less than the
average plan), and competitive
costs for a variety of common medical scenarios (emergency room, doctor's office, etc).
In 2017, the
average monthly premium for a Medicare prescription drug plan will
cost beneficiaries about $ 34 per month.
A longer term could mean a higher
monthly premium, because the carrier typically
averages the
cost of insuring someone who is younger with the
cost of insuring someone who is older (when
premiums are more expensive).
The
average life insurance
costs between $ 500 and $ 1,500 every year, which translates to around $ 40 to $ 150 in
monthly premiums depending on the type.
Looking at some of the
average costs of renters insurance in our four representative states, ValuePenguin thinks the
monthly premium is cheap enough and worth the peace of mind knowing you can at least recover the
cost of any lost or damaged items.
The below table shows the estimated
monthly cost of pet insurance for the most popular breeds of cat,
averaged across the expected
monthly premiums of the different plans at several major pet insurance providers.
The
monthly premium payment mode is a good tool as it will benefit the consumer to
average out the unit
costs better as compared to single annual payments.