Claim: A million dollar life insurance policy only costs around $100 to $200 a month.
Verdict: Incorrect (50% confidence)
Explanation: According to Guardian Life, a healthy, non-smoking, 30-year-old woman can get $1 million coverage for as little as $34/month with a 10-year term life policy. Progressive states that a 10-year million-dollar term life insurance policy starts at $97 per month. Aflac provides average monthly premiums for a 20-year, $1 million term life insurance policy, with costs ranging from $67 to $2,586 depending on age. These sources contradict the claim that the cost is $100 to $200 per month, as they indicat...