When you are in the hunt for a life insurance policy, we know it’s not fun to think about life insurance rates.
You also may not be willing to give up your information just to receive your life insurance quotes online. Well here’s a solution for you.
Sample Term Life Insurance Rates
Skip the process of having to enter your own information and let us do the work for you. Below you’ll find a large list of term life insurance rate samples, and we’ve done our best to make it as easy to read as possible.
Something to note before you go much further, is we are assuming a specific age, and a good health class. If you are a different age than shown, or your lack the health to get a good rating, your own premium may differ slightly. You may also be wondering if you can qualify for life insurance while pregnant, we can answer this question and assist you in obtaining the coverage you deserve.
Life insurance quotes online are given based on age, gender, coverage amount, and an assumed health. Each of the following graphs are categorized for males and females separately, along with graphs made individually for 30 year term life insurance, 20 year term life insurance, and 10 year term life insurance rates. Each assumes an equal death benefit amount of $250,000.
30 Year Term Life Insurance Rates
As you probably already noticed, as your age rises, so do your premiums. And unfortunately, it’s exponential.
Because women have a longer life expectancy than men, you can see their premiums are lower as a result. They pose less of a risk to the insurance company.
20 Year Term Life Insurance Rates
If you notice, these premiums are lower than the 30 year term life insurance rates. If the issuer of the policy has less of a duration of coverage, their risk is lower as well. They pass this on to the consumer in the form of lower rates.
In the early years, especially for women, life insurance premiums are extremely low.
10 Year Term Life Insurance Rates
This is one of my favorite graphs, because it shows many years in the beginning where premiums are actually the same (although not necessarily the same carrier for each). But because the duration of the term is much shorter, the issue age of this type of policy is much older than its counterpart, the 30 year term life insurance policy.
Some of the cheapest life insurance online is for women who are young, and only seeking a 10 year term life insurance policy. As you can see, it’s less than $10 per month until the late thirties. It is best to obtain this type of coverage at a younger age, for those seniors seeking life insurance, they will have much higher rates, and less chance for approval of a traditional medically underwritten plan.
If you would like a customized quote of your own, go to our free term life insurance quote page to see how cheap you can buy life insurance, too. Even better, it takes less than 60 seconds and we’ll show you all of the best carriers, all at one time.
As you can see, life insurance is typically much more affordable than most applicants think. Depending on your age and health, it could boil down to less than a dollar every day, which is an incredible value to give your family the insurance protection that they deserve. There are several things that you can do to get the lowest rates possible, like improving your health and getting smoking. Both of these can play a major role in how much you pay for insurance coverage. For example, if you’re a smoker, you could pay twice as much for your insurance plan than someone who doesn’t smoke.
Life insurance is one of the most important insurance products that you’ll ever buy for your family. It’s one of the best ways to ensure that they have the resources they need if you were to pass away. If anything tragic were to happen to you, your family would be left with all of your debts and unpaid expenses, which means that would struggle financially.
Aside from finding the right policy, you’ll also need to ensure that you purchase enough insurance coverage for your family. Not having enough life insurance could be as detrimental as having no policy at all.
Because life insurance is so important, it’s vital that you make the best decision for your family and loved ones. Our agents can connect you with the perfect policy to fit your needs. Unlike traditional life insurance agents, we don’t work for one company, which means we can give you unbiased advice on choosing a life insurance policy. We won’t try and sell you poor coverage or expensive coverage that you don’t need. Working with our independent agents is going to save you both time and money with the life insurance process. You could spend weeks calling different companies receiving quotes from them, or you can let us bring all of the best monthly premiums directly to you.
If you have any questions about getting life insurance for you and your loved ones, please contact us today. We can walk you through the applicant process and connect you with the perfect plan to fit your needs.