Term Life Insurance 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 them 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 40s.
Compare rates amongst several insurers to get the best possible rates. Do not settle with the first quote you'll get. By comparing rates from different companies you'll be able to get the cheapest rates available for your particular situation.
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 $500,000 will cost only $58 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 only $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!
Even More Pricing Examples:
30 year term policy for a man, non-smoking:
| AGE | $100,000 | $200,000 | $300,000 | $400,000 | $500,000 | $1,000,000 |
| 40 Year Old Man | $21.53 | $39.16 | $47.08 | $60.22 | $73.36 | $134.75 |
| 41 Year Old Man | $23.36 | $42.58 | $51.40 | $65.98 | $80.56 | $148.75 |
| 42 Year Old Man | $25.38 | $46.18 | $56.53 | $72.82 | $89.11 | $164.26 |
| 43 Year Old Man | $27.65 | $49.42 | $61.12 | $78.94 | $96.76 | $179.56 |
| 44 Year Old Man | $29.93 | $53.02 | $66.52 | $86.14 | $105.76 | $195.76 |
| 45 Year Old Man | $32.20 | $57.34 | $72.46 | $94.06 | $115.66 | $213.76 |
| 46 Year Old Man | $33.86 | $63.28 | $79.75 | $103.78 | $127.31 | $236.26 |
| 47 Year Old Man | $36.75 | $69.30 | $87.85 | $114.58 | $136.50 | $255.50 |
| 48 Year Old Man | $40.08 | $74.90 | $97.03 | $126.82 | $147.88 | $277.38 |
| 49 Year Old Man | $43.23 | $81.20 | $106.48 | $139.42 | $162.31 | $305.38 |
Rates as off 01/30/2021 - your policy rates will likely be different. This is just an example.