Average Life Insurance Costs For Women and Men Over 40

Great news if you are in your forties - term life insurance rates have never been this affordable. With people's life expectancy going up every year, it is no surprise that life insurance companies are more than happy to insure people over 40 years of age.

Considering that the majority of men and women will live into their seventies and eighties, it is a low risk proposition for a life insurance company to insure a man or woman in their 40's.

How To Get The Best Rates

Comparing rates from several insurers will ensure you'll get the best possible rates.

Do not settle with the first quote you get. By comparing rates from different companies you'll be able to get the cheapest rates available for your particular situation.

What are the factors that influence the cost of life insurance for 40 year olds?

Because you are still fairly young, the major factor that will affect your rates, is your health. If you are of average weight, don't smoke, and don't suffer from any major health issues, your rates should be standard.

But, if you have any medical issues like diabetes, cancer, depression, autoimmune disease, etc., your rates won't be preferred, and you will pay more.

Here are some examples of life insurance rates if you are 40 years of age or older:

  • A 20 year level term policy for a 45 year old man, non smoker, in good health, in the amount of half million dollars ($500,000) will cost only $52 per month.
  • A 30 year level term policy for a 40 year old woman, non smoker, with no health problems, in the amount of $300,000 will cost around $30 per month - from a A+ rated company.
  • A 10 year level term policy for a 45 year old woman, smoker, in good health, in the amount of $200,000 will cost only $50 per month.

As you can see prices are really affordable - get your own rates today!

Life Insurance Cost Examples by Age:

30 year term policy for a non-smoking man in his forties:

AGE $100,000 $200,000 $300,000 $400,000 $500,000 $1,000,000
40 Year Old Man $21.56 $39.14 $47.22 $60.62 $73.36 $134.85
41 Year Old Male $23.36 $42.68 $51.45 $65.98 $80.78 $148.75
42 Year Old Man $25.38 $46.27 $56.53 $72.82 $89.81 $164.36
43 Year Old Male $27.65 $49.42 $61.25 $78.54 $96.86 $179.65
44 Year Old Man $29.93 $53.12 $66.53 $86.34 $105.88 $195.85
45 Year Old Male $32.20 $57.44 $72.66 $94.26 $115.56 $213.76
46 Year Old Man $33.84 $63.39 $79.85 $103.77 $127.63 $236.38
47 Year Old Male $36.55 $69.30 $87.95 $114.468 $136.47 $255.52
48 Year Old Man $40.77 $74.95 $97.23 $126.80 $147.38 $277.58
49 Year Old Male $43.22 $81.25 $106.39 $139.22 $162.55 $305.58
Rates as off 01/14/2023 - your policy rates will likely be different. These are just example premiums.

20 year term policy for a non-smoking woman in her forties:

AGE $100,000 $200,000 $300,000 $400,000 $500,000 $1,000,000
40 Year Old Female $13.35 $21.74 $24.44 $30.95 $37.33 $66.41
41 Year Old Woman $14.25 $23.27 $25.65 $32.76 $39.39 $73.25
42 Year Old Female $14.65 $25.24 $27.74 $34.35 $41.66 $77.65
43 Year Old Woman $15.54 $26.36 $28.72 $36.55 $44.89 $83.83
44 Year Old Female $16.35 $27.79 $29.85 $38.23 $46.67 $87.50
45 Year Old Woman $16.65 $28.44 $32.34 $41.75 $50.35 $95.80
46 Year Old Female $18.31 $32.24 $35.94 $45.67 $55.65 $105.88
47 Year Old Woman $19.80 $34.45 $39.97 $51.40 $62.85 $118.62
48 Year Old Female $20.45 $36.48 $43.54 $56.68 $66.32 $128.76
49 Year Old Woman $21.44 $41.65 $46.75 $60.78 $73.23 $141.20
Rates as off 01/14/2023 - your insurance rates will likely be different. These are just example prices.