Life Insurance Rates 53 Year Old Male
noexam
Published on December 4, 2022
Checking life insurance rates for a 53 year old male in good health is as simple as viewing the charts below. The options available are for term life insurance coverage only. The longer the term duration, the more expensive the policy will be. Life Insurance rates differ significantly between ages 50-70 for most males. It is always best to secure coverage as early as possible as the rates are calculated and determined based on the proposed insureds current age.
10 Year Life Insurance Rates for a 53 Year Old Male
| Company | $250,000 | $300,000 | $400,000 | $500,000 | $750,000 | $1,000,000 |
|---|---|---|---|---|---|---|
| Haven | $53 | $62 | $81 | $100 | $147 | $194 |
| Ladder | $52 | $61 | $80 | $89 | $132 | $161 |
| Mutual of Omaha | $42 | $50 | $64 | $76 | $111 | $135 |
| Banner | $38 | $44 | $58 | $67 | $98 | $137 |
| Protective | $40 | $48 | $64 | $72 | $109 | $134 |
| Prudential | $43 | $51 | $65 | $80 | $116 | $134 |
20 Year Life Insurance Rates for a 53 Year Old Male
| Company | $250,000 | $300,000 | $400,000 | $500,000 | $750,000 | $1,000,000 |
|---|---|---|---|---|---|---|
| Haven | $100 | $119 | $156 | $196 | $290 | $388 |
| Ladder | $80 | $95 | $125 | $139 | $206 | $273 |
| Mutual of Omaha | $72 | $85 | $112 | $133 | $196 | $254 |
| Banner | $59 | $70 | $92 | $109 | $161 | $221 |
| Protective | $66 | $79 | $106 | $123 | $185 | $235 |
| Prudential | $78 | $93 | $121 | $150 | $221 | $285 |
30 Year Life Insurance Rates for a 53 Year Old Male
| Company | $250,000 | $300,000 | $400,000 | $500,000 | $750,000 | $1,000,000 |
|---|---|---|---|---|---|---|
| Haven | NA | NA | NA | NA | NA | NA |
| Ladder | NA | NA | NA | NA | NA | NA |
| Mutual of Omaha | $135 | $160 | $212 | $257 | $383 | $507 |
| Banner | $111 | $132 | $174 | $216 | $321 | $430 |
| Protective | $124 | $149 | $198 | $236 | $354 | $451 |
| Prudential | $167 | $199 | $263 | $327 | $487 | $643 |
Certain insurance companies allow for a portion of an insureds term life insurance coverage to be converted into a whole life policy. This is one reason why males in their fifties may choose a shorter duration term such as a 10 or 20 year term length. Conversion options are subject to provider consideration.
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