How Much Is Life Insurance For A 55 Year Old Man

A 10 year level term policy for a 55 year old man non smoker in good health in the amount of 500 000 will cost around 80 per month from a a rated company.

How much is life insurance for a 55 year old man. In the event of your death during the period when your coverage is in effect term life insurance will pay out a specified amount to the beneficiaries listed on your policy. Life insurance at 55 costs about 8 less than life insurance at age 56. You do not have to worry about your cost increasing due age or health issues. You ll skip the medical exam in exchange for higher rates and lower.

Must be age 85 or younger to be eligible. Age 61 you have to take a medical exam. Monthly rates are for informational purposes only and must be qualified for. A 20 year level term policy for a 50 year old woman non smoker with no health problems in the amount of 200 000 will cost only an average of 37 per month.

A term life insurance policy with a face amount of. This depends on your health. However we have access to at least one company who will issue a 30 year policy up to age 58. Typically the max age to qualify for 30 year term is 50 to 55 with most companies.

Cost of life insurance for people over the age of 70. Some options cease while others are new. That s indicated by the so called face amount of your policy. Through our findings you can see that the increase in monthly premiums as you age is much smaller if you are young compared to when you are older.

A 55 year old male can get 100 000 in 20 year term life insurance coverage for as little as 44 per month. The term life insurance quotes below are for a 20 year term life insurance policy with a death benefit of 500 000. You are guaranteed a 50 000 death benefit at the same level premium rates till age 100. According to our research a 50 year old man in good health could get a policy from legal general for around 74 39 a month.

Let s look at the cost of a 20 year term life policy with 500 000 of coverage for a man in perfect health. A female can get the same policy starting at 31 per month. Advantages low cost way to provide a 50 000 payout to beneficiaries in case of you die before age 100. The exact sum depends on how much coverage you bought.

The following sample whole life insurance quotes are based on a preferred plus male wanting ordinary whole life insurance to age 100 with an a rated insurance company or better. So if you are considering getting life insurance for a 60 year old hate needles and are looking for a face amount of 500 000 or less don t put this off.