Best Life Insurance Rates by Age [With 10 Charts]

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

Sample Term Life Insurance Rates ($250,000) *

  10 Year 15 Year 20 Year 25 Year 30 Year
Age Male Female Male Female Male Female Male Female Male Female
20 $10 $9 $10 $10 $13 $12 $16 $14 $18 $15
30 $10 $9 $10 $10 $13 $12 $17 $14 $20 $17
40 $12 $11 $13 $12 $18 $15 $25 $21 $29 $24
50 $27 $20 $32 $24 $40 $31 $58 $44 $71 $53

*Sample monthly rates provided by Clearlink partner. All rates as of 10/30/2018.

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.

We chose to create charts based on age because how old you are has the most impact on the rate a life insurance company will set.

Our tables also break down premiums by how large a benefit you need, the type of life insurance policy (term, universal, whole), and whether you’ll have to take a medical exam to get covered. For term insurance, we included charts for the most common terms available.

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.

Why you need to compare life insurance rates

Below, you’ll find actual rates from top term life insurance companies. At a higher age, you could have to pay thousands of dollars in annual premiums for some types of life insurance. But if you’re young and choose wisely, you could pay just over a hundred bucks a year. That’s probably less than you’d spend on takeout for lunch over the same period.

Yup. Brown-bag it just a few days a month, and you could protect your assets, family, and ability to sleep at night. But don’t take our word for it. Look at the data.

Compare term life insurance rates

Since term life insurance is typically the least expensive and most popular form of coverage, let’s start there.

In a nutshell, term life is insurance that’s intended to cover you for a finite period (usually at least 10 years). Many people get a term life policy when they have big life changes like buying a house or having kids. Time it right, and term life can maximize protection during the most expensive years of your life without costing much. Below, you’ll find tables of sample life insurance rates for 10-, 15-, 20-, 25-, and 30-year terms. They represent the best prices a person in excellent health can get. Of course, actual rates will vary from person to person, so if you want to skip to getting quotes based on your unique circumstances, use our quote tools instead.




Sample 10-year term life insurance rates

For most people looking for cheap life insurance, the 10-year term policy is going to be a logical choice. These 10-year policies are also a good choice for entrepreneurs and self-employed people looking for life insurance to cover SBA loans.

Sample 10-Year Term Life *

  $250,000 $500,000 $1,000,000 $2,000,000
Age Male Female Male Female Male Female Male Female
20 $115 $102 $164 $143 $250 $217 $435 $339
30 $115 $104 $164 $143 $248 $217 $435 $353
40 $140 $129 $217 $194 $340 $297 $607 $528
50 $284 $243 $498 $418 $881 $735 $1,701 $1,414
60 $718 $500 $1,344 $898 $2,550 $1,658 $5,043 $3,259
70 $2,172 $1,284 $3,970 $2,368 $7,230 $4,405 $14,399 $8,754
80 $9,274 $6,542 $18,072 $12,666 $34,837 $24,741 $69,608 $49,416

*Sample annual rates provided by Clearlink partner. All rates as of 10/30/2018.

Sample 15-year term life insurance rates

This is an excellent option for dads and moms who have young kids but aren’t planning on adding to the family.

The benefit of choosing a shorter-term policy like this one is the ability to get a larger death benefit at a lower cost when expenses are typically at their height for your family. Get a renewable term life policy, and you might even be able to switch to a lower death benefit amount after you’ve put a big dent in your mortgage or the kids move out.

Sample 15-Year Term Life *

  $250,000 $500,000 $1,000,000 $2,000,000
Age Male Female Male Female Male Female Male Female
20 $126 $115 $180 $168 $281 $268 $497 $414
30 $126 $117 $180 $168 $284 $261 $525 $442
40 $156 $149 $243 $240 $424 $399 $780 $754
50 $387 $285 $686 $497 $1276 $923 $2,487 $1,785
60 $934 $643 $1,777 $1,428 $3,415 $2,105 $6,772 $4,121
70 $3,032 $1,782 $5,949 $3,469 $11,591 $6,463 $2,3121 $12,836
75 $7,322 $4,465 $14,070 $8,864 $27,480 $14,377 $5,4895 $28,689

*Sample annual rates provided by Clearlink partner. All rates as of 10/30/2018.

Sample 20-year term life insurance rates

Homeowners often think they need a 30-year term to cover the mortgage on their home. However, the average American only stays in their home for 13 years.2 If you downsize or move to a cheaper area, it may make more sense to pay lower 20-year rates for the same coverage.

Sample 20-Year Term Life *

  $250,000 $500,000 $1,000,000 $2,000,000
Age Male Female Male Female Male Female Male Female
40 $214 $183 $345 $300 $639 $519 $1,184 $982
30 $158 $140 $240 $209 $394 $312 $722 $558
20 $155 $138 $235 $201 $373 $291 $681 $517
65 $2,488 $1,622 $4,736 $,3050 $8971 $5,829 $17,881 $11,603
60 $1,318 $921 $2445 $1,652 $4,725 $3,167 $9,393 $6,278
50 $490 $369 $894 $655 $1,697 $1,209 $3,328 $2,361

*Sample annual rates provided by Clearlink partner. All rates as of 10/30/2018.

Sample 25-year term life insurance rates

The 25-year term is a less popular option than the 20-year term, but it often works for parents who want protection until they see their kids through college. Since more kids live with their parents longer these days,3 this term length could make a lot of sense.

Sample 25-Year Term Life *

  $250,000 $500,000 $1,000,000 $2,000,000
Age Male Female Male Female Male Female Male Female
20 $197 $165 $301 $254 $525 $425 $989 $784
30 $202 $171 $317 $269 $555 $451 $1,051 $845
40 $299 $252 $517 $419 $949 $762 $1,836 $1,462
50 $692 $525 $1,281 $956 $2,424 $1,771 $4,787 $3,480
60 $2,329 $1,587 $4,474 $3051 $8,510 $5,801 $16,954 $11,536

*Sample annual rates provided by Clearlink partner. All rates as of 10/30/2018.

Sample 30-year term life insurance rates

The average cost of life insurance climbs considerably with a 30-year term. A lot can happen in three decades, and every life insurance company needs to manage their risk with every policy. Additionally, 30-year policies are generally the longest term available without adding a return of premium (ROP) rider to your policy.

Sample 30-Year Term Life *

  $250,000 $500,000 $1,000,000 $2,000,000
Age Male Female Male Female Male Female Male Female
20 $221 $185 $369 $294 $613 $486 $1170 $907
30 $234 $200 $386 $323 $684 $559 $1312 $1,062
40 $351 $291 $620 $505 $1,211 $922 $2,285 $1,788
50 $841 $627 $1,570 $1,147 $3,013 $2,182 $5,965 $4,307
55 $1,484 $1,086 $2,879 $2,085 $5,661 $4,030 $11,259 $7,998

*Sample annual rates provided by Clearlink partner. All rates as of 10/30/2018.

No Exam Term Life Insurance: Having Your Cake and Eating It Too

For some people, there’s another compelling reason to put off applying for life insurance: not wanting to take a medical exam. Whether you think you might have pre-existing conditions, 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.

These plans tend to be a bit more expensive than fully underwritten policies, but if scheduling that exam is what’s holding you back, check out our table of sample no exam life insurance premiums. You might be pleasantly surprised.

Sample 10-Year No Exam Term Life *

  $50,000 $100,000
Age Male Female Male Female
30 $138 $123 $203 $178
40 $190 $152 $228 $191
50 $334 $260 $264 $265
60 $296 $292 $376 $305

*Sample annual rates provided by Clearlink partner. All rates as of 10/30/2018.

Other life insurance rates

There’s a Term Life insurance policy out there for just about everyone, but there are other options, too. If you’re prepared to spend more on flexibility, certain guarantees, or a few extras, whole or universal life insurance might be a great fit.

Sample annual universal life insurance quotes to age 100

Guaranteed universal life (GUL) is flexible permanent life insurance designed to cover you for life. With these policies, you can adjust your benefits and premiums as your life situation changes.

The downside is GUL policies often have stricter premium rules. If you miss a single payment by just one day, you could lose coverage. That said, this can be a great permanent life insurance policy for funding buy-sell agreements or estate planning (you can also read up on indexed universal life for another option).

Sample Universal Life to Age 100 *

  $250,000 $500,000 $1,000,000 $2,000,000
Age Male Female Male Female Male Female Male Female
20 $816 $686 $1,512 $1,262 $2,652 $2,327 $5,303 $4,654
30 $996 $837 $1,889 $1,547 $3,570 $2,886 $7,140 $5,773
40 $1,401 $1,210 $2,709 $2,283 $5,145 $4,329 $10,289 $8,658
50 $2,103 $1,906 $4,135 $3,745 $7,956 $7,344 $15,913 $14,688
60 $3,797 $3053 $7571 $6,132 $14,296 $11,779 $28,593 $23,413
70 $6,715 $5,316 $13,430 $10,512 $26,501 $20,580 $53,002 $41,160
80 $15,862 $12,686 $31,649 $25,270 $60,484 $49,833 $120,969 $99,665

*Sample annual rates provided by Clearlink partner. All rates as of 10/30/2018.

Sample annual universal life insurance quotes to age 121

Getting a policy that covers you until you turn 121 might seem like a waste, but the average life expectancy in North America has risen from 69 to 79 over several decades.4 Who knows how much longer you’ll live than your parents and grandparents?

Sample Universal Life to Age 121 *

  $100,000 $250,000 $500,000 $1,000,000 $5,000,000
Age Male Female Male Female Male Female Male Female Male Female
40 $793 $648 $1,474 $1,314 $2,866 $2,511 $5,492 $4,818 $27,459 $23,760
45 $916 $766 $1,783 $1616 $3,480 $3,116 $6,688 $5,988 $33,442 $29,460
50 $1,260 $1,016 $2,279 $2,076 $4,496 $4,032 $8,720 $7,728 $43,600 $38,160
55 $1,486 $1,220 $3,007 $2,652 $5,972 $5,172 $11,662 $9,972 $58310 $49,380
60 $1,740 $1,681 $4,053 $3,368 $8,200 $6,624 $15788 $12,828 $78,374 $63,660
65 $2,204 $1,908 $5,259 $4,356 $11,004 $8,592 $20,613 $16,848 $102,499 $83,760
70 $3,127 $2,613 $7,605 $6,072 $15,069 $12,024 $29998 $23604 $149,425 $117,540
75 $4,276 $3,631 $10,479 $8,556 $20,817 $16,980 $41,493 $33,348 $206,905 $166,260

*Sample annual rates provided by Clearlink partner. All rates as of 10/30/2018.

Sample whole life insurance quotes

Like universal life, whole life insurance doesn’t end after a specific period. Instead, it’s designed to cover you for your entire life. Unlike universal life insurance, however, whole life offers guaranteed fixed premiums, a guaranteed death benefit, and a guaranteed cash value.

Sample Whole Life Insurance Rates *

  $100,000 $250,000 $500,000 $1,000,000 $5,000,000
Age Male Female Male Female Male Female Male Female Male Female
20 $656 $541 $1,433 $1,272 $2,805 $2,493 $5,485 $4,863 $27,423 $24,313
30 $1,031 $913 $2,110 $,1851 $4,158 $3,639 $8,191 $7,154 $40,954 $35,770
40 $1,485 $1,336 $3,113 $2,784 $6,164 $5,505 $12,203 $10,886 $61,016 $54,432
50 $2,246 $1,952 $4,769 $4,264 $9,476 $8,466 $18,828 $16,806 $94,141 $84,033
60 $3,550 $3,023 $7,527 $6,547 $14,992 $13,033 $29,860 $25,941 $149,299 $129,704
70 $6,225 $4,977 $15,485 $12,364 $30,918 $24,675 $61,784 $49,298 $308,711 $246,280
75 $8,508 $6,651 $21,190 $16,550 $42,611 $33,048 $85,170 $66,043 $425,639 $330,008
80 $11,606 $9,073 $28,933 $22,602 $61,450 $46,040 $12,2847 $92,029 $614,029 $459,934

*Sample annual rates provided by Clearlink partner. All rates as of 10/30/2018.

View our picks for the best cash value whole life insurance companies, or enter your info below for online whole life insurance rates.

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. Call us today!

Thank you for reading our article, Life Insurance Rates by Age. Please leave any questions or comments below.


  1. Life Happens and LIMRA, “2018 Insurance Barometer Study
  2. Eye on Housing, “Latest Study Shows Average Buyer Expected to Stay in a Home 13 Years
  3. Census, “The Changing Economics and Demographics of Young Adulthood: 1975-2016
  4. Google Public Data “Life Expectancy

43 comments... add one
  1. SlipperyPete

    It appears a lot of work went into these charts but one detail was omitted. When you state a rate you need to say if is a monthly, yearly, etc. rate.

    • TermLife2Go

      We have updated the information. Please call one of our licensed agents at (888) 234-8376 is you have more questions.

  2. Ellen L

    I want to get a life insurance with one that will help me financially when i am not able to work and a policy that will pay my hospital bills when i get sick.

    • TermLife2Go


      It sounds like you might be interested in a disability insurance policy or a life insurance policy with a disability rider.

      We’ll have an agent reach out to you shortly with some options for you to consider.



  3. Virginia

    I looking to get insure my sister who is on disability and cannot afford life insurance. I’m looking for a policy that would be enough to cover funeral expenses (around $10,000). Can I purchase one for her?

    • TermLife2Go


      You should be able to purchase a policy on your sister provided that she is “OK” with that. We’ll have an agent reach out to you so that if you have any additional questions or would like to know how much a policy would cost, you can ask him/her directly.



  4. Pauline S

    I am wanting to take out life insurance on my husband who is is a US Prison, I live in Australia, how can I go about doing this.

    • TermLife2Go


      Unfortunately, we are unaware of any insurance carrier that will accept a life insurance policy from someone who is currently in prison.



  5. Scott

    I am 54 healthy professional, single with no children and no need for death benefits / payout. I love the no tax withdraw benefits during retirement of universal health insurance, but is their a better policy type for me?

    • TermLife2Go


      Please be on the lookout for an email from one or our agents so that he/she can answer any specific questions you may have about the “type” of policy you are looking for.



  6. Damien E

    Interested in getting life insurance I’m a disabled veteran wanting to make sure my family is taken care of my cell is XXXX thank you

  7. khon

    Im 36 yrs old, 350lbs, 6’1ft, high cholesterol, diabetic, high blood pressure. Anything for me would be a miracle especially term. I like a term that you can conversion into a permanant with no medical exam. Want to accept the challenge?

    • TermLife2Go


      We’ll have an agent reach out to you to see if we might have some options that will work for you. In the meantime, you can always feel free to simply give us a call.



  8. Cindy

    I was wondering why one’s income is factored into determining eligibility for insurance. Is that so that the company is confident that payments can be made reliably? Is it to ascertain if life insurance is even needed? Is a non-working spouse adversely affected compared to one that is working (all other factors the same)?

    • TermLife2Go


      The reason why one’s income is factored into determining “eligibility” for life insurance is tied into the “purpose” of life insurance.
      Life insurance or any insurance for that matter is designed help one become “whole” again. It’s purpose is to help protect someone from a financial loss.
      So if you are looking to insure a person, but would not be affected “financially” by that person’s loss, you theoretically wouldn’t have a “insurable risk” in this person’s life (this is why you can’t insure a stranger).

      So, along these lines, if you’re looking to insure someone whom you don’t depend on financially, or would not suffer “financially” from their passing, from an life insurance perspective, you would “theoretically” not have an insurable interest, because you would not suffer from a financial loss as a result of this individual passing.
      Now there are some situations where you may suffer from a financial loss such as having to pay:

      • Burial costs or final expenses.
      • Estate taxes.
      • Or some other expenses…

      Which may justify the need for insurance which may satisfy an income requirement, however these types of “losses” will need to be well defined and documented prior to an insurance company approving your life insurance policy. Lastly, when it comes to “income justification”, it usually won’t be an issue unless you’re looking for a policy greater than $100,000.

      Now on to your question regarding a “non-working” spouse. If a non-working spouse were to pass away, there would be costs associated with that. Costs such as burial expenses and the “cost” to replace any work that they may do in or around the home.

      For this reason, it is generally accepted that “non-working” spouses should be eligible for up to the same amount of coverage the primary bread earn is insured for (within reason) without having to “justify” the need. Of course, we should not that if you are seeking a “large” life insurance policy, insurance underwriters may seek additional information or “justification” for the insurance need.

      Hopefully this answers your questions, if not feel free to give us a call and we’ll be more than happy to explain in further detail.



  9. Cindy

    This is a question regarding Valerie’s situation (heart transplant). Couldn’t she apply for life insurance not requiring a medical exam? Or are those policies for people who have never had an exam or had one a long time ago? Would one be asked health questions anyway? For example, if you know you have high blood pressure, would you have to answer that question on a “no medical exam” application? My impression was that for the “no medical exam required” application, no health questions would be asked

    • TermLife2Go


      In general, there are three different types of life insurance policies one can choose to apply for.

      1. Traditional term or whole life insurance policies.

      These are life insurance policies that will require an applicant to take a medical exam and answer a series of health-related questions. A prescription database check will be performed as well.

      Applicants will need to be able to “medically” qualify for these types of life insurance policies before they will be “eligible” for coverage.

      2. Simplified issue life insurance policies.

      Are life insurance policies that won’t require a medical exam but will ask a serious of health-related questions and will run a prescription database check to confirm eligibility.

      These policies will require one to “medically” qualify for coverage, and can potentially be more difficult qualify for particularly if the applicant does have a history of a pre-existing medical condition.

      3. Guaranteed issue life insurance policies.

      Guaranteed issue life insurance policies are life insurance policies that won’t require an individual to take a medical exam or answer any health-related questions. The problem with these types of life insurance policies is that they are generally reserved for those over the age of 50 and they:

      • Usually only provide coverage up to $25,000 dollars.
      • And will contain a Graded death benefit.

      For more information about these types of life insurance policies, we would recommend that you take a look at the following articles:



  10. Brenda N

    I’m looking for insurance that doesn’t give me a hassle about checkups . I’m 62 years old n good health.

    • TermLife2Go


      There are many different life insurance companies that are now currently offering policies that won’t require someone to take a medical exam in order to qualify.

      We would just need to know how much coverage you are looking for and if you have any pre-existing medical conditions which may make one of those policies a better fit than another.

      For this reason, we would just recommend that you give us a call and we’ll see what we can do to help you out.



    • TermLife2Go


      That sounds good, just give us a call and we’ll do our best to help you out.



  11. cheryl

    My husband is 65 healthy retired. Im 60 healthy working.
    We don’t have life insurance and would like to get 20 year policy.
    What do you suggest for us?

    • TermLife2Go


      Your best bet would be to give us a call so we can try to determine what rate classes you might qualify for. This way we can get an idea about which insurance company might offer you the best deal.



  12. Lewis sumler

    I am 47 yr old healthy male don’t drink or smoke. I have a pre-existing well managed condition I could live another 50 yrs. No children, great nephews & niece’s I am interested in fixed premium affordable whole life insurance.

  13. eric van haaften

    Most people realize term life insurance rates are greatly affected by your age. Most insurance agent’s always tell you the best time to buy a policy while you’re still young. Great coverage of the prices you pay for life insurance at different ages with the various products available to address these needs.

  14. Heather

    Hi my name name is Heather and I’m only 24 bit I’m a single mother of 3 boys… I currently had a scare that had me really thinking about needing to protect my boys. Well not only protected but to keep them covered if something were to happen to me. I was looking into globe life (whole life) for them? They are 11 months, 3, and 4. But I didn’t know about myself. What is best to do? Whole life or term? How does that work? When my term is up, say I get the 15 years, when I’m 40 do I have to pay the 40 year old premium? I’m so lost and don’t know which type would expect better so any input would be helpful thanks!!

    • TermLife2Go


      Your asking a lot of great questions which is why I would suggest that you give us a call so that we can assist you in finding policies that will cover all of your needs.



  15. Nicole D

    My mother is 71 and has never considered life insurance, She is the only surviving person I have left In my family and I have 2 young children, Never graduated , She is looking for insurance that will pay a death benefit upon her passing which She is healthy But finally knows she has to help out the only one left to support her grandkids. She wants to make sure that it is a minimum of 100-500,000 And not sure Exactly how it works due to her being older now, (Senior Term correct) How can she know for a fact if she pays this monthly that myself her daughter Will be granted and guaranteed a immediate issue and access to these funds.
    How does it work if she has been paying for 6 months and passes on the 7th month , Would I the only and sole beneficiary Still receive the full amount of coverage she chooses? How long is the process after a death to receive funds to pay for funeral , mortgage etc????

    • TermLife2Go


      You’re asking all the right questions, but we would really need to speak with your directly to be able to answer them sufficiently. For this reason, why don’t you just give us a call and we’ll do our very best to help you out!



    • TermLife2Go


      Our quoter will instantly provide rates from various insurance companies, so if you’re just looking to see what rates you may qualify for, that would be our suggestion.

      Now if you want to get a better idea on exactly what “rate class” you would qualify for, we would suggest that you give us a call.



  16. Valerie

    I am looking for life insurance quote.
    I am 47 years old.
    I recently had a heart transplant .
    I have a young son.

    • TermLife2Go


      Finding coverage as a heart transplant patient is going to be really tough. In fact, we’re not aware of any traditional term or whole life insurance product that would take on a heart transplant applicant. We do however know of a company that would offer you up to $25,000 dollars in coverage through a “guaranteed issue” product, but other than that you’re best bet would most likely be an accidental death policy.

      Why don’t you give us a call so that we can learn more about your situation and see if we have something that might interest you.



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