Best Life Insurance Rates by Age: Term, Permanent and No Exam

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.

Term life insurance rates by age for women*

Age Policy Amount 10-year term 20-year term 30-year term
20 $250,000

$500,000

$1,000,000

$9/mo.

$12/mo.

$18/mo.

$12/mo.

$17/mo.

$27/mo.

$15/mo.

$23/mo.

$40/mo.

30 $250,000

$500,000

$1,000,000

$9/mo.

$12/mo.

$18/mo.

$12/mo.

$18/mo.

$26/mo.

$17/mo.

$27/mo.

$46/mo.

40 $250,000

$500,000

$1,000,000

$11/mo.

$16/mo.

$25/mo.

$15/mo.

$25/mo.

$43/mo.

$24/mo.

$42/mo.

$77/mo.

50 $250,000

$500,000

$1,000,000

$20/mo.

$35/mo.

$61/mo.

$31/mo.

$55/mo.

$101/mo.

$53/mo.

$96/mo.

$182/mo.

60 $250,000

$500,000

$1,000,000

$42/mo.

$75/mo.

$138/mo.

$77/mo.

$139/mo.

$265/mo.

Not available

Not available

Not available

Quote

*Sample monthly rates provided by Clearlink partner. All rates as of 3/22/2019.

Term life insurance rates by age for men

Age Policy Amount 10-year term 20-year term 30-year term
20 $250,000

$500,000

$1,000,000

$10/mo.

$14/mo.

$21/mo.

$13/mo.

$20/mo.

$32/mo.

$15/mo.

$23/mo.

$40/mo.

30 $250,000

$500,000

$1,000,000

$10/mo.

$14/mo.

$21/mo.

$13/mo.

$20/mo.

$32/mo.

$17/mo.

$27/mo.

$46/mo.

40 $250,000

$500,000

$1,000,000

$12/mo.

$18/mo.

$28/mo.

$18/mo.

$29/mo.

$52/mo.

$24/mo.

$42/mo.

$77/mo.

50 $250,000

$500,000

$1,000,000

$24/mo.

$41/mo.

$73/mo.

$40/mo.

$73/mo.

$139/mo.

$53/mo.

$96/mo.

$182/mo.

60 $250,000

$500,000

$1,000,000

$60/mo.

$112/mo.

$211/mo.

$110/mo.

$210/mo.

$394/mo.

Not available

Not available

Not available

Quote


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 *

  $50,000 $100,000
Age Male Female Male Female
20 $11/mo. $10/mo. $16/mo. $14/mo.
30 $12/mo. $10/mo. $16/mo. $15/mo.
40 $16/mo. $13/mo. $19/mo. $16/mo.
50 $29/mo. $23/mo. $25/mo. $26/mo.
60 $30/mo. $43/mo. $32/mo. $27v
70 $217/mo. $134/mo. $696/mo. $263/mo.
Quote

*Sample monthly rates provided by Clearlink partner. All rates as of 3/22/2019.


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.

Like universal life, whole life insurance doesn’t end after a specific period. Instead, it’s designed to cover you for your entire life.

Permanent life insurance rates by age for women*

Age Policy Amount Universal Life to Age 100 Universal Life to Age 121 Whole Life
20 $250,000

$500,000

$1,000,000

$52/mo.

$94/mo.

$162/mo.

$56/mo.

$95/mo.

$163/mo.

$106/mo.

$208/mo.

$405/mo.

30 $250,000

$500,000

$1,000,000

$73/mo.

$135/mo.

$245/mo.

$79/mo.

$137/mo.

$246/mo.

$154/mo.

$303/mo.

$596/mo.

40 $250,000

$500,000

$1,000,000

$102/mo.

$188/mo.

$353/mo.

$116/mo.

$217/mo.

$403/mo.

$232/mo.

$459/mo.

$907/mo.

50 $250,000

$500,000

$1,000,000

$157/mo.

$289/mo.

$551/mo.

$179/mo.

$347/mo.

$668/mo.

$355/mo.

$705/mo.

$1,401/mo.

60 $250,000

$500,000

$1,000,000

$255/mo.

$482/mo.

$944/mo.

$289/mo.

$568/mo.

$1,103/mo.

$546/mo.

$1,086/mo.

$2,162/mo.

Quote

*Sample monthly rates provided by Clearlink partner. All rates as of 3/22/2019.

Permanent life insurance rates by age for men*

Age Policy Amount Universal Life to Age 100 Universal Life to Age 121 Whole Life
20 $250,000

$500,000

$1,000,000

$62/mo.

$115/mo.

$204/mo.

$65/mo.

$115/mo.

$204/mo.

$119/mo.

$234/mo.

$457/mo.

30 $250,000

$500,000

$1,000,000

$87/mo.

$161/mo.

$294/mo.

$90/mo.

$161/mo.

$294/mo.

$176/mo.

$346/mo.

$683/mo.

40 $250,000

$500,000

$1,000,000

$119/mo.

$229/mo.

$436/mo.

$132/mo.

$249/mo.

$467/mo.

$259/mo.

$514/mo.

$1,017/mo.

50 $250,000

$500,000

$1,000,000

$175/mo.

$338/mo.

$652/mo.

$201/mo.

$393/mo.

$759/mo.

$407/mo.

$809/mo.

$1,569/mo.

60 $250,000

$500,000

$1,000,000

$297/mo.

$577/mo.

$1,128/mo.

$338/mo.

$663/mo.

$1,292/mo.

$627/mo.

$1,249/mo.

$2,488/mo.

Quote

*Sample monthly rates provided by Clearlink partner. All rates as of 3/22/2019.


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.

Sources:

  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.

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