You should never rush into an important decision. Finding the best life insurance for a 35 year old is one of those decisions. Let us help you “shop” dozens of top rated life insurance companies, including the best no medical exam companies.
Life Insurance Thirty-Five (35) Year Old.
Most 35 year old applicants are going to be pleasantly surprised to learn that choosing to buy life insurance at age 35 does have some unique benefits.
First off, by now you’ll probably have a pretty good idea about how much coverage you’ll need as well as have a good idea about what will and what won’t fit within your budget.
Additionally, you’ll now be able to purchase a less expensive 30 year term life insurance policy that will provide coverage all the way to age 65, without having to break the bank! In fact, most 35 year olds should find that their life insurance options are:
- Affordable (see our life insurance rates by age chart)
- Easy to qualify for.
- And full of options.
Affordable Life Insurance for a 35 year old:
Buying life insurance in your 30s should be affordable because most applicants are going to be pretty healthy and active. For this reason, insurance companies are likely to offer very low rates or offer policies that do not require full medical exams in an effort to earn your business.
For example, as of October 2013, 35 year old male in perfect health taking out a $250,000 20 year term policy would pay less than $14 a month with some A rated competitors. And a universal life policy for $250,000 to age 100 would run a little over $89 a month. That same 35 year old male would only pay around $20 a month for a 20 year term non medical exam life insurance policy.
Easy to qualify for:
Qualifying for life insurance at age 35 should also be pretty simple because as stated before, most 35 year olds are going to be in pretty good shape. At age 35, most applicants probably won’t be taking medications for:
- High cholesterol.
- High blood pressure.
- High blood sugar
Since you are most likely healthy and prescription free, getting life insurance now is key to securing the best possible rate for you and your family. After all, you will never be younger than you are today. And age is a huge factor in determining life insurance rates.
More options to choose from:
Buying life insurance at age 35 will give you a greater variety of options to pick and choose from when considering which life insurance policy: term versus permanent life insurance, is best for you and your loved ones.
Different types of life insurance policies such as:
Each of these different types of policies should be considered as possible alternatives to traditional term life insurance simply because at the age of 35, these alternatives may still be very affordable. But the primary focus should be on getting enough life insurance.
Therefore, you may need to consider a shorter term policy with a big death benefit. The licensed professionals at TermLife2Go can help walk you through an in depth needs analysis to make sure you are getting the best policy for you and your family.
We know that for a lot of individuals, especially those who are just starting a family, having a “ton” of discretionary income simply isn’t a reality. So, despite the fact that you may have all the reasons in the world to purchase a term or whole life insurance policy right now, having the “funds” to do so just isn’t possible!
For this reason…
We’ve also chosen to write several articles sharing some of the knowledge that we have acquired over the years working with 1000’s of clients concerning how they earn a living.
You see, nearly every time we complete a life insurance application for one of our clients, one of the first questions that we need to ask is:
“what do you do for a living?” and “what would you estimate your annual income as?
Which means that over the years, we’ve become really familiar with a wide range of different career paths and opportunities that a person can take. Some of which you would probably never think of on your own!
And since we still have your attention…
One can assume that “most” folks who end up purchasing a term or whole life insurance policy do so, so that their loved ones would be protected “financially” in the event of their death.
But what happens if you get sick but don’t die?
Would your family’s financial future still be protected? Probably not. This is why we like to encourage folks to also take a look at some of our other articles that discuss other “types” of insurance policies as well so that regardless of what happens in the future, your family will be well prepared:
- Best Long Term Care Life Insurance,
- Best Private Short Term Disability Insurance Companies,
- And the Best Disability Insurance Companies.
Our number one goal here at TermLife2Go is to help individuals and families secure their own financial security and independence, we wanted to share with you what we’ve learned.