Life Insurance Rates by Age

Lots of people put off getting life insurance due to cost but protecting your assets doesn’t have to turn your pockets out.

Two-thirds of Americans overestimate life insurance rates by hundreds of dollars or more. Since nearly as many (64%) cite finances as the reason they don’t have coverage,1 we think it’s time to bust the myth that you can’t afford life insurance.

Compare life insurance rates

Below, you’ll find tables of sample life insurance rates for term life insurance, no exam term life, and permanent life insurance. They represent the best prices a person in excellent health can get. Of course, actual rates will vary from person to person, so be sure to get your own quote for a more accurate estimate.

We found the cost of life insurance for an average person in excellent health can average as little as $16 a month for a standard 20-year term policy.

Life insurance monthly rates by age for women

Age Policy Amount 20-year term life 30-year term life Universal life to age 100 Whole life
20 $500,000 $16 $23 $94 $208
30 $500,000 $17 $26 $135 $303
40 $500,000 $25 $41 $188 $459
50 $500,000 $55 $95 $289 $705
60 $500,000 $138 N/A $482 $1,086.05

*Sample monthly rates provided by Clearlink partner. All rates as of 12/3/2019.

Life insurance monthly rates by age for men

Age Policy Amount 20-year term life 30-year term life Universal life to age 100 Whole life
20 $500,000 $19 $25 $72 $234
30 $500,000 $20 $31 $161 $346
40 $500,000 $29 $51 $229 $514
50 $500,000 $72 $128 $338 $790
60 $500,000 $199 N/A $577 $1,249

*Sample monthly rates provided by Clearlink partner. All rates as of 12/3/2019.

For some people, there’s another compelling reason to put off applying for life insurance: not wanting to take a medical exam. Whether you hate needles or can’t fit an exam in between work and family time, a no medical exam term life insurance policy might be for you.

Sample 10-Year No Exam term life monthly rates

  $50,000 $100,000
Age Male Female Male Female
20 $11 $10 $7 $9
30 $11 $10 $10 $9
40 $15 $13 $12 $11
50 $24 $20 $22 $24
60 $28 $41 $32 $27
70 N/A $134 N/A $263

*Sample monthly rates provided by Clearlink partner. All rates as of 12/3/2019.

Factors affecting rates

In addition to age and type of policy, the following factors could affect your life insurance rates as well:

  • Gender (on average, women live longer than men)
  • Pre-existing medical conditions such as high blood pressure or diabetes
  • Risky behavior such as smoking, drinking alcohol, or climbing Mt. Everest
  • A dangerous profession, if you have one
  • Medical exam requirements
  • Family medical history
  • Riders, such as conversion or long-term care insurance

For more information, read about how life insurance companies determine health rate classes.

Life insurance quotes

The above charts show the best rates for a variety of policy types and come from some of the best life insurance companies. We hope you’ll discover that it’s not as expensive as you think to protect your assets and loved ones, even if you’re looking for life insurance for seniors.

That said, these rates are based on precise criteria that won’t apply to everyone. So how do you know what rate you can get for coverage?

The fastest, easiest way to get an accurate quote is to give us a call. You can speak directly to a licensed, independent insurance agent by simply dialing 1 (888) 234-8376.

Top 10 States with the Longest Life Expectancy

How long will you live? There’s no way to know for sure. Most of us can expect to live to at least our 70s and some will reach our 80s, 90s, and beyond. But did you know that where in the US you live might affect your life expectancy?

That’s right. People in some parts of the country have a higher chance of living longer than others. Find out if your state made it to the top ten for life expectancy.

Map of the USA showing states with the longest life expectancy


We analyzed the life expectancy rates for each state, according to the Institute for Health Metrics and Evaluations. Then, we ranked each state based on how long an average resident is expected to live. There are several ties.

 Correlations & Key Findings

  • All states made it to at least a 74.5-year life expectancy, and many of our top ten made it to at least 80.
  • Coming in at 81.5 years, Hawaii has the highest life expectancy in the US. It’s also known as one of the states with the lowest stress and unemployment.5
  • California sits in the number two slot, but the Golden State’s only number 12 when it comes to national health.6
  • Even though a good night’s rest is key to health and longevity, New York (home to The City that Never Sleeps) scored number four on our list.
  • There were several ties on our list, making our top ten more of a top 16.

Is your state in the top 10?

Rank State Life expectancy (years)
1 Hawaii 81.5
2 California 80.9
3 Minnesota 80.7
3 New Jersey 80.7
4 New York 80.6
5 Connecticut 80.4
6 Massachusetts 79.9
6 Vermont 79.9
6 Colorado 79.9
6 Washington 79.9
7 Wisconsin 79.5
8 Iowa 79.4
9 Utah 79.3
9 Rhode Island 79.3
10 Oregon 79.2
10 Arizona 79.2


While the state you live in may affect your life expectancy, no one knows for sure when their number will come up. All we can do is live life to its fullest each day and try to create healthy habits. That, and buy life insurance, just in case.

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