I pay ~$40 a month for a $2MM policy through my professional association. Check and see if you have such options. Slava gave me some great advice, but at the end of the day nothing could beat the rates and terms I received from my professional association's self-administered (and GWL-backed).
Any profits the association makes off of the premiums less payouts is returned annually to us in the form of lower premiums the next year (I think my premiums were $60, but I got a $20 refund of the prior years premiums that offset it to make it $40). So that backstopped plan is working nicely for us!
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