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.

 

Term life insurance rates for a 30-year-old male

 

 

Term life insurance rates for a 30-year-old female

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.