Term Life Insurance Rates by Age Chart 2025
Key Points
- Rates rise with age
- Term length matters
- Health impacts cost
- No exam = higher cost
- AARP and Colonial Penn
When you want to protect your family’s future, term life insurance is one of the easiest and most affordable options you have. The plan comes with the coverage that is for a set number of years like you have to choose between 10, 20, and 30 years and also the plan has fixed monthly payments. The price you pay depends on your age, health, and how much coverage you choose.
In this simple guide we will explain the term life insurance rates by eight so you can see how the prices can change as you get older and also you can learn how to compare then, 20 and 30 year term plans that include helpful information. So let’s get started.
Understanding Term Life Insurance
Term life insurance is simpler than the easiest type of life insurance. You have to pay a certain amount every month for a fixed time like 10, 20, or 30 years. If you died during this time period, then your family will get the money that is called the death benefit.
The best thing about term life insurance is that it is usually cheaper than other types of life insurance plans. It does not build savings or cash value. It is just meant to give your loved ones financial protection if something happens to you.
Term Life Insurance Rates by Age Chart Sample 2025
Here is the table that is giving you the estimated term life insurance rate chart by age for a healthy non-smoking male and female. Remember that these rates are based on the $500,000 policy with a 20 year term.
10-Year Term Life Insurance Sample Rates by Age Chart
If you are looking for a short term coverage plan or you want a budget friendly plan then a 10 year term life insurance is a solid choice for you. Here is what the rate can look like for $100,000 policy but remember that these are the estimated prices you have to ask your insurance company before buying the plan.
| Age | Male (monthly) | Female (monthly) |
|---|---|---|
| 30 | $9 | $8 |
| 40 | $12 | $10 |
| 50 | $20 | $17 |
| 60 | $45 | $35 |
| 70 | $110 | $90 |
30-Year Term Life Insurance Rates by Age Chart
A 30 year term life insurance is best for the people who want long-term security specially the younger buyers or the parents with the small children.
| Age | Male (monthly) | Female (monthly) |
| 25 | $27 | $23 |
| 30 | $30 | $26 |
| 35 | $38 | $32 |
| 40 | $55 | $46 |
| 45 | $85 | $70 |
| 50 | $240 | $110 |
Senior Term Life Insurance Rates by Age Chart
The older people can still qualify for the term life coverage but one thing is that the premiums can rise due to the health risk. The below table are the sample rates of $100,000 for a 10 year term life insurance policy.
| Age | Male (monthly) | Female (monthly) |
| 55 | $40 | $30 |
| 60 | $55 | $42 |
| 65 | $80 | $60 |
| 70 | $120 | $95 |
AARP Term Life Insurance Rate Chart by Age
AARP life insurance offers life plans that are specially designed for the seniors so they can get the life insurance policies without having any medical exam. Let’s have a look at the approximate cost of AARP term life insurance rate.
| Age | Male (monthly) | Female (monthly) |
| 50 | $30 | $25 |
| 55 | $45 | $35 |
| 60 | $65 | $50 |
| 65 | $90 | $70 |
| 70 | $125 | $95 |
How Much Does Term Life Insurance Cost for Seniors?
- A $500,000 policy for a 60 year old man can cost you around $185 to $250 per month for a 20 year term plan
- if you want to know about 65 years old plan the same policy could rise to $290-$350 per month and it can increase depending on your health and insurance company
What Is a Reasonable Amount to Pay for Term Life Insurance?
The reasonable amount to pay for the term life insurance is one percent or less for your annual income of coverage that equals 10 to 15 times your yearly salary
How Much Does Life Isurance Cost?
More to this if you earn $60,000 per year, $600,000-$900,000 term life policy with the premium of $40-$60 per month is quite reasonable for you
How Much Does Colonial Penn Pay Out for $9.95 a Month?
Colonial Penn’s famous $9.95 per month plan can offer you guaranteed acceptance life insurance but the payout is around $1500-$2000. That is also depending on age and your gender. This means that this is for the final expense and there is no income replacement
Term Life Insurance Rates by Age – No Medical Exam Options
There are some insurance companies who are offering term life insurance with medical exams, they are making the plan easier to get and approved. However, premiums are typically 20 to 30% higher than standard policies. Let’s have a look at a sample of no medical exam term life. Insurance rate chart of $250,000 for 20 year policy.
| Age | Male (monthly) | Female (monthly) |
| 30 | $25 | $23 |
| 40 | $38 | $33 |
| 50 | $65 | $55 |
| 60 | $120 | $95 |
Why Term Life Insurance Rates Increase with Age
There is a criteria on which insurance companies calculate rates. All the insurance companies calculate the rates based on mortality risk. As you age, the chance of health issues increases so that your premium also increases.
That’s why experts recommend that buying a term life coverage as early as possible because it will log into lifetime rates and also the best time to buy the term life insurance is in your 20s or 30s
Best 10-Year Term Life Insurance Rates by Age Chart
Final Thoughts
Term life insurance state chart by age clearly shows you one thing that is in health can play a very big role in premiums. If you buy a life insurance plan early then your premiums will be lower.
Always make sure to buy a plan that fits best for you and also no matter what your age is you can find a policy that suited your needs. It can be 10 years, 20 years or 30 years man make sure to always compare the rate from the multiple insurance companies and look for the plan that has the best premiums.
Let’s explore the Insure Guardian Term Life Insurance and find the right coverage at the best rates that fit your budget and needs. Secure to family and loved ones today.
FAQS
A fair price of term life insurance depends on your age, health, and recovery amount. Most of the people pay between $20-$50 per month for the basic coverage. Younger and healthy people usually pay less.
For a 60-year-old man a $500,000 dumb life insurance policy can cost you around one $50-$300 per month. It also depends on your health smoking habits and the policy term period
At age 65 term life insurance becomes more expensive. A 10 year policy can cost you between $200 and $400 per month. It also depends on your health and life.
Colonial pens $9.95 per month plan gives only a small coverage amount this will be around $1000-$2000, the cost also depends on your age and gender. This means that it will help you to cover the funeral or the final expenses, not full placement.
Expert Life Insurance Agent and health insurance agent
Dylan is your go-to guy for life and health insurance at InsureGuardian. He’s helped over 2,500 clients just like you figure out the best insurance plans for their needs. Before joining us, Dylan was sharing his expertise on TV with Global News and making a difference with various charities focused on health. He’s not just about selling insurance; he’s passionate about making sure you’re covered for whatever life throws your way.