There are various factors which decide the overall cost of the insurance policy
. Like which type of policy you are buying, the amount you are buying it for, your overall health, occupation etc. Whole life insurance policies are generally costlier than term life insurance. Since whole life insurance also gives you an investment option, the premium that you pay for it is considerably higher than term insurance premium. You must study the insurance documents minutely before going ahead with purchasing a policy, as insurance companies usually deduct agent commission and a variety of fees from your premium paid. The agents generally avoid disclosing all costs and expenses related to a policy and only after you have bought the policy do you get to know about them. Insist upon studying a policy brochure and understanding the policy in detail before committing your hard earned money for the policy.