How much does is a Colorado life insurance license?

The "cost" of life insurance (referred to as "premium"), irrespective of the State, dpends upon several factors:

1. The face amount of the insurance sought;

2. Whether the insutance is whole life (which accumulates cash value) or term life (which does not accumulate cash value);

3. The health condition of the proposed insured (usually there is a "preferred rate" for people who are in Excellent health: a "standard" rate for the typical applicant; and a "rated-up premium" for applicants that have a health condition that puts them at greater risk.

4. The insurer to which aplication is made.