The cost of a term life policy depends on many factors, but generally ranges from $10 to $500+ per month. Once you buy a term life policy, the rates do not increase over the term period.
Life Insurance Rates by Age and Gender
Sample 10-year term rates for a healthy 50-year-old male (non-smoker):
Monthly rates for a healthy 50-year-old male — non-smoker
| Coverage Amount | 10 Year | 15 Year | 20 Year | 30 Year |
|---|---|---|---|---|
| $100,000 | $18.22/mo | $22.43/mo | $26.55/mo | $40.87/mo |
| $250,000 | $45.55/mo | $56.08/mo | $66.38/mo | $102.17/mo |
| $500,000 | $91.10/mo | $112.15/mo | $132.75/mo | $204.35/mo |
| $1,000,000 | $182.20/mo | $224.30/mo | $265.50/mo | $408.70/mo |
What Affects Your Life Insurance Rate?
Age
Younger = lower rates
Gender
Women typically pay less
Health Status
Better health = lower rates
Smoking
Smokers pay 2–4× more
Coverage Amount
Higher coverage = higher rate
Term Length
Longer term = higher rate
Driving History
DUIs raise rates significantly
Family History
Affects rate class
Term Life Insurance Rate Charts by Age
Select your age to see personalized rate charts:
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