Life & Family Tools · 2026
Term Life Insurance Cost Ranges
Pick your age and coverage amount to see an illustrative monthly range for 20-year term coverage — sourced from a published composite average, not a quote. Actual pricing depends on your health, tobacco use, and the carrier that underwrites your application.
Figures shown are illustrative ranges for education only — not a quote and not guaranteed values. Actual life insurance premiums and benefit amounts depend on underwriting, health history, age, and the specific carrier and policy you select. Speak with a licensed agent for numbers specific to you.
Questions, answered
Are these real quotes?
No. These are illustrative ranges from a published composite average across multiple carriers — not a quote, and not specific to you. Your actual premium depends on your health, tobacco use, build, and the underwriting outcome of your own application.
Why is there a range instead of one number?
Life insurance pricing differs by sex at the same age and coverage amount under the published rate data this tool uses, so we show the low and high end of that published range rather than a single misleading figure.
Why do rates increase so much between ages 30, 40, and 50?
Mortality risk rises with age, and term life pricing reflects that directly — the older you are when you lock in a term policy, the higher the premium for the same coverage amount and term length.
What is Preferred non-tobacco?
It's one of the better health classifications carriers use during underwriting, generally for applicants in good health who don't use tobacco or nicotine products. Your actual classification depends on your health history, exam results (if required), and the carrier's specific underwriting guidelines.
How do I get my actual rate?
An independent agent can shop your specific age, health profile, and coverage need across multiple carriers to find your real, underwritten rate — schedule a free conversation to get started.
Ready for a real, underwritten rate?
These ranges are illustrative only. A local licensed advisor shops your exact profile across multiple carriers to find your real underwritten rate — free, no pressure. Not sure how much coverage you need? Try the DIME Calculator first.