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Term Life Insurance Rates For a 40 year Old

by Scott G on December 1, 2012 · 4 comments

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Term Life Insurance For a 40 Year Old

Great news if you are 40 years old and looking for term life insurance.  I recently wrote a policy for a 40 year old male and it cost him less than $15 month!  Although most term polices aren’t going to be that inexpensive, the rates are really affordable right now. 

Check for life insurance rates here!

Here are sample rates for life insurance for a 40 year old male on a 10-year level term at the best rate class, non-smoker:

$250k = $12 month or only $135 a year from an A+ rated company.

$500k = $19 month or only $220 a year from an A+ rated company.

$750k= $26 month or only $300 a year from an A+ rated company.

$1 million = $30 month or only $350 a year with an A + rated company.

How much life insurance do you need?  Use the life insurance needs analysis calculator

Here are sample rates for a 40 year old male on a 20-year level term policy at the best rate class, non-smoker:

$250k = $18 month or only $210 a year from an A+ rated company.

$500k = $30 month or only $350 a year from an A+ rated company.

$750k = $43 month or only $495 a year from an A+ rated company.

$1 million = $55 month or only $630 a year from an A+ rated company.

See for yourself what kind of rates you qualify for!

 

*Rates as of 12/1/2012. The information in this post is for informational purposes only and is not a guarantee of rates and insurability.  Rates and eligibly are subject to the underwriting guidelines of the insurance companies and state in which you live.