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 males and females 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.
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.
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.
Get your own life insurance rates today!
The two main types of life insurance policies are Term and Whole.
Like the name implies, term life insurance is a type of policy that covers the insured for a set number of years - the term. After the term expires, the coverage is no longer valid and there's no payout to the beneficiaries.
Whole life insurance provides a secure death benefit for your lifetime. The premiums remain the same, and the cash value accumulates over time, free from taxation.
No expiration date as long as your payments are on time. It's a reliable, risk-free way to ensure your loved ones are taken care of, no matter how long you live.
Plus, you get the security of knowing your premiums won't go up. No other type of insurance offers this kind of long-term protection with guaranteed growth and stability.
As you can see prices are really affordable - get your own rates today!
| AGE | $100,000 | $200,000 | $300,000 | $400,000 | $500,000 | $1,000,000 |
|---|---|---|---|---|---|---|
| 40 Year Old Man | $21.56 | $39.24 | $47.32 | $60.62 | $73.26 | $134.85 |
| 41 Year Old Male | $23.36 | $42.48 | $51.35 | $65.78 | $80.78 | $148.85 |
| 42 Year Old Man | $25.38 | $46.27 | $56.53 | $72.72 | $89.91 | $164.46 |
| 43 Year Old Male | $27.65 | $49.42 | $61.35 | $78.54 | $96.84 | $179.55 |
| 44 Year Old Man | $29.93 | $53.22 | $66.53 | $86.44 | $105.98 | $195.75 |
| 45 Year Old Male | $32.20 | $57.44 | $72.66 | $94.26 | $115.56 | $213.76 |
| 46 Year Old Man | $33.84 | $63.49 | $79.85 | $103.77 | $127.53 | $236.78 |
| 47 Year Old Male | $36.51 | $69.35 | $87.98 | $114.46 | $136.47 | $255.42 |
| 48 Year Old Man | $40.77 | $74.95 | $97.23 | $126.70 | $147.48 | $277.58 |
| 49 Year Old Male | $43.22 | $81.35 | $106.39 | $139.32 | $162.55 | $305.78 |
| AGE | $100,000 | $200,000 | $300,000 | $400,000 | $500,000 | $1,000,000 |
| 40 Year Old Female | $13.35 | $21.74 | $24.44 | $30.85 | $37.33 | $66.31 |
| 41 Year Old Woman | $14.25 | $23.27 | $25.75 | $32.86 | $39.39 | $73.35 |
| 42 Year Old Female | $14.65 | $25.24 | $27.74 | $34.35 | $41.56 | $77.55 |
| 43 Year Old Woman | $15.54 | $26.36 | $28.82 | $36.55 | $44.99 | $83.83 |
| 44 Year Old Female | $16.35 | $27.79 | $29.85 | $38.33 | $46.67 | $87.54 |
| 45 Year Old Woman | $16.65 | $28.44 | $32.44 | $41.75 | $50.35 | $95.90 |
| 46 Year Old Female | $18.31 | $32.24 | $35.94 | $45.67 | $55.75 | $105.88 |
| 47 Year Old Woman | $19.80 | $34.45 | $39.87 | $51.40 | $62.95 | $118.62 |
| 48 Year Old Female | $20.45 | $36.58 | $43.54 | $56.68 | $66.42 | $128.76 |
| 49 Year Old Woman | $21.44 | $41.55 | $46.75 | $60.78 | $73.43 | $141.22 |