Life insurance rates

Before you go and submit your personal details for a life insurance quote, consider the life insurance rate charts below.

life insurance quotes
Often, if you enter your email and phone number on a life insurance quote site, you get calls and emails from agents. Lots of them.

That is why we have decided to publish sample life insurance rates by age and gender to help our customers make an informed decision. Maybe you just want to kick the tires and check some rates without having to talk to anyone? Have a look at these rates to get a good idea of the average term life insurance rates for your age so that you make sure you are getting the best life insurance rate before you submit your application.

We have assembled various life insurance rates by age below for you to get an estimate of what it will cost based on term length, coverage amount, and age.

We present rates for no exam life insurance policies as well as policies that do require an exam. See our reviews of the best life insurance companies. Please see this page for life insurance approval times.

Should you find these rates to be satisfactory, please call 888-407-0714 to speak with a licensed agent. You can apply online or over the phone in just a few minutes.

How Much Life Insurance Coverage Do You Need?
The answer to this question varies based on a multitude of factors. Generally speaking, you want at least 7 to 10 times your annual income. However, you must consider the size of your family and their needs in the future as well.

How Much Does Term Life Insurance Cost?
This is a loaded question. The short answer is it depends. The long answer is it depends on how much term life insurance coverage you need, how old you are, your gender, your overall health, your driving record, and your family history. For a healthy 35 year old male looking for $1,000,000 of coverage for 20 years, the cost is around $40 per month. The cost can go up depending on the applicants health, driving record, and family history.
10 Year Term Life Insurance Rates Chart
A 10-year term life insurance policy is usually the most affordable option for coverage. It will offer a level premium for 10 years. Once the initial 10 years is up the premium will rise annually if the policy is renewable.
15 Year Term Life Insurance Rates Chart
A 15-year term policy life insurance policy is similar to the 10-year term in that it is usually one of the more affordable term lengths. It will provide coverage for 15 years at a level premium. Once the initial 15 years has passed, the premium will rise annually if the policy is renewable.
20 Year Term Life Insurance Rates Chart
A 20-year term life insurance policy is our most popular term length. It will provide coverage for 20 years at a level term premium. After the initial period of 20 years, the premiums will increase annually.
30 Year Term Life Insurance Rates Chart
A 30-year term life policy offers the longest term coverage. Like the above-mentioned term lengths the 30-year term will offer a level term premium for the first 30 years, and after this initial period of can renew annually up to age 95 depending on the policy.
UL Universal Life Insurance Rates
Universal Life, or sometimes called lifetime coverage, is a policy that offers a level premium for life. A universal life policy will offer coverage to up to age 121. The death benefit is fixed.
How Does Age Affect the Cost of Life Insurance?
Family on Front PorchLife insurance rates are determined by such factors as health, length of term and coverage amount. However, an applicant’s age has the biggest influence on the annual premium he or she will pay. Insurance rates go up as a person ages, making coverage more affordable for healthy individuals under age 50 than for older adults nearing or in retirement.

Whole Life and Term Life Insurance Rates by Age

Life insurance is available to children as young as a few weeks old. Parents and grandparents who lock in whole life insurance policies for babies and toddlers can achieve a monthly rate that’s as low as the price of a latte.

For adults, Whole Life coverage and premium amounts can be fixed for life, and can accumulate cash value in the long-term. For example, a Whole Life policy1 from Gerber Life, builds guaranteed “cash value” over time, as long as premiums are paid, and offers individuals 18 to 65 years old a choice of coverage amounts from $25,000 to $150,000.

Alternatively, Term Life insurance offers very low monthly rates compared to the amount of coverage. Also, some Term Life policies, such as the Gerber Life Term Life Insurance Plan2, let individuals pay a fixed premium. This means that, throughout the duration of the policy (or the “term”), the rate never increases. For example, individuals 18 to 70 years old have a choice of a 10-, 15-, 20- or 30-year Term Life policy and coverage amounts of $25,000 to $150,000.

Ways to Get Lower Rates

Health is a primary factor in determining insurance eligibility and rates, so many insurers offer preferred pricing for a healthy non-smoker with normal weight, cholesterol level and blood pressure. Rates can be reduced further by shortening the duration of Term Life insurance to 15 or 20 years instead of 30 years.


The purpose of life insurance coverage is to protect dependents who rely on a covered individual’s income for day-to-day living expenses. As children grow older and become financially independent, many adults require less coverage than they did when children were young or living away at college. Their lower coverage needs and a growing retirement fund often offset rising premiums associated with age.