The Life (Insurance) of Pi

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Tim is a licensed life insurance agent with 23 years of experience helping people protect their families and businesses with term life insurance. He writes and creates stuff for QuickQuote and other insurance and financial websites...

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UPDATED: Mar 26, 2020

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Yesterday the world paid homage to the ratio of a circle to its diameter – better known as Pi or 3.141592… This got us wondering how much term life insurance a person could buy with Pi. Enter our handy coverage amount calculator, which lets you set your desired premium payment and determines how much term life insurance you can buy with that amount.

So if you have $3,140 or $314 or even $31.40 sitting around, here’s a rundown of how much coverage you can buy today!

Premium Amount:  $3,140 Annually – Preferred Class/10-yr Term

  Age 35 Age 45 Age 55
Male $10,250,000 $4,355,000 $1,645,000
Female $10,980,000 $5,085,000 $2,230,000

 

Premium Amount:  $314 Annually – Preferred Class/10-yr Term

  Age 35 Age 45 Age 55
Male $875,000 $345,000 $120,000
Female $1,060,000 $390,000 $150,000

 

And this is how much you would pay annually for a $314,000 term life insurance policy.

Coverage Amount:  $314,000 – Preferred Class/10-yr Term

  Age 35 Age 45 Age 45
Male $150 $292 $650
Female $137 $265 $495

 

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