Term Life Insurance Cost Estimator
Directional monthly/annual premium estimate by age, coverage, term length, and smoking status.
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About the Term Life Insurance Cost Estimator
Estimates monthly and annual term life insurance premiums from age, sex, coverage amount, term length, and smoking status, using published national-average rate data for a healthy applicant at standard risk.
- Enter your age and sex.
- Enter your desired coverage amount and term length (10/20/30 years).
- Select your smoking status.
- Read your estimated monthly and annual premium, and the rate per $1,000 of coverage.
A 35-year-old female, $500,000 coverage, 20-year term, nonsmoker: about $39.50/month ($474/year).
| Age | Female | Male |
|---|---|---|
| 25 | $30 | $32 |
| 30 | $32 | $38 |
| 40 | $47 | $59 |
| 50 | $102 | $137 |
| 60 | $286 | $395 |
This is an illustrative, directional estimate — not a real quote. Real premiums come from full underwriting: a medical exam, family health history, occupation/hobby risk factors, and the insurer's own rate class. Get quotes from at least 2-3 real insurers.
- • Rates rise sharply with age — locking in a term policy earlier can meaningfully lower your rate.
- • A 30-year term costs roughly 1.75x a 20-year term at the same age and coverage.
- • Smoking can roughly triple your premium — quitting for 12+ months before applying can make a large difference.
- MoneyGeek — Term Life Insurance Rates by Age Chart (2026) — accessed 2026-08-30
Illustrative estimate only, not financial or tax advice. Verify figures with a licensed adviser or your local tax authority.