Term Life Insurance 40: Cost Guide for 40 Year Olds 2025 How much does term life insurance cost at 40? A healthy 40-year-old non-smoker pays $42-$60 monthly for $500,000 in 20-year coverage, or $78-$112 monthly for $1 million. Term life insurance 40 year olds purchase costs approximately double what 30-year-olds pay due to increased mortality … Read more
How much does term life insurance cost for a 30-year-old? A healthy 30-year-old non-smoker pays approximately $15-$22 per month for a $250,000 20-year term life insurance policy, or $24-$36 monthly for $500,000 in coverage. These rates make 30 the optimal age to secure affordable life insurance—premiums are significantly lower than at 40 (when rates double) … Read more
How much does term life insurance cost by age? A healthy 30-year-old pays approximately $15-$25 per month for a $250,000 20-year term life insurance policy, while a 50-year-old pays $65-$95 monthly for the same coverage. Term life insurance premiums increase significantly with age—rates roughly double every decade—because mortality risk rises as you get older. Understanding … Read more