Kap,
Impossible to answer. Insurance companies take tremendous number of factors into consideration as a part of the application process. Even the health of the parents (and their medical history) comes into play. They even consider whether or not the applicant has had moving violations in the last X number of years. In your case, the company will evaluate each of the women individually. The rate for one may not be at all the same for the others.
There is also the question of what kind of life insurance, i.e. term, universal, whole, etc. Each type serves a different purpose. I was told to look at it this way... If your younger, bet that you'll live and go for a whole life or universal life type policy. If your older, bet that you'll die and go for a term policy. It's a very simplistic way of looking at it. Term is _much_ less expensive than whole life and universal policies.
And, Matt is correct. Life insurance should be a part of a larger financial plan. One of the questions a financial advisor and agent will ask is why do they need life insurance. I disagree with Matt that it is intended to replace an income stream for the individual(s) left behind. It's actually a one shot payment to the beneficiary. What that individual does with it, is up to him/her. If he/she is smart, he/she will use the money wisely. Here is an example:
Imagine a couple in their late 40s has a mortgage of $350,000.00. No car payments. Just the normal monthly expenses, i.e. maintenance (think of it as rent) on the apartment, telephone, auto insurance, grocery bills, auto fuel, etc. The combined income handles all of their bills and they can even put a little bit away each month. But, should one of the individuals pass away, the one left would be in financial trouble. He/she would not be able to handle all the normal bills _and_ the mortgage payment. So, to ensure the mortgage is never an issue, they each get $500,000.00 dollar 30 year term policy. That way, in the event one passes away, the other can easily pay off funeral expenses (if any), pay off the mortgage so it's no longer an issue, and pay the maintenance on the apartment for a very long time.
At this point, the women need to talk to a reputable financial advisor as well as a reputable insurance agent that represents a good selection of highly rated insurance companies prior to making any decisions.
Robert
Edited 2 time(s). Last edit at 04/16/2012 05:18PM by Robert M.