u/JustLettingYouKnow18

31M living in a VHCOL city and HHI of $750k+. I was quoted a $1,600 annual premium for a 15 year term and $3m of coverage. This includes a Waiver of Premium rider and a conversion option to whole life. Mass Mutual. They are assuming the second healthiest tier. Worth getting other quotes or is this broadly market?

Alternatively (or in addition) they have quoted $40k in annual premiums for 20 years for a whole life insurance with a $1.8M death benefit and $11k cash value in year 1.