Are you overestimating the cost of life insurance? Here are samples of term life insurance rates.
No matter what type of policy you buy, you'll get better life insurance rates the younger you are. But that doesn't mean that rates are unaffordable at higher ages. Term life insurance will generally offer the most competitive rates, no matter what your age.
If you're buying term life insurance, you make two choices:
- The policy amount, which can go up into the millions
- The length. Common choices are 5, 10, 15, 20, 25 and 30 years.
Here's a look at rates for a variety of term life insurance policy amounts by age.
Looking for more rates? See:
Annual life insurance rates: $100,000 term life
Gender and age | 10-year $100,000 | 20-year $100,000 | 30-year $100,000 |
---|---|---|---|
Male, 30 |
$110 |
$130 |
$174 |
Male, 40 |
$135 |
$166 |
$245 |
Male, 50 |
$215 |
$274 |
$451 |
Female, 30 |
$99 |
$117 |
$145 |
Female, 40 |
$117 |
$142 |
$199 |
Female, 50 |
$179 |
$239 |
$352 |
Annual life insurance rates: $250,000 term life
Gender and age | 10-year $250,000 | 20-year $250,000 | 30-year $250,000 |
---|---|---|---|
Male, 30 |
$172 |
$218 |
$277 |
Male, 40 |
$217 |
$256 |
$354 |
Male, 50 |
$330 |
$490 |
$839 |
Female, 30 |
$139 |
$185 |
$238 |
Female, 40 |
$190 |
$248 |
$293 |
Female, 50 |
$267 |
$387 |
$639 |
Annual life insurance rates: $500,000 term life
Gender and age | 10-year $500,000 | 20-year term $500,000 | 30-year $500,000 |
---|---|---|---|
Male, 30 |
$222 |
$309 |
$386 |
Male, 40 |
$266 |
$352 |
$635 |
Male, 50 |
$541 |
$898 |
$1,573 |
Female, 30 |
$199 |
$257 |
$322 |
Female, 40 |
$252 |
$304 |
$513 |
Female, 50 |
$418 |
$668 |
$1,165 |
Annual life insurance rates: $1,000,000 term life
Gender and age | 10-year $1 million | 20-year $1 million | 30-year $1 million |
---|---|---|---|
Male, 30 |
$284 |
$458 |
$687 |
Male, 40 |
$407 |
$685 |
$1,198 |
Male, 50 |
$927 |
$1,683 |
$2,960 |
Female, 30 |
$270 |
$346 |
$567 |
Female, 40 |
$343 |
$557 |
$953 |
Female, 50 |
$756 |
$1,278 |
$2,177 |
Here's another look at the same numbers, showing rate differences for policy lengths and amounts for 30-year-old men and women.


Methodology: We averaged the three cheapest rates found for term life based on EverQuote research. Rates are for men and women of average height and weight, in very good health. Your own rates will be different.