• About Us |
  • Follow Us: 
theinsurance411.com logo

The Insurance 411

What you need to know about insurance

  • Homeowners Insurance
  • Auto Insurance
  • Life & Health Insurance
    • All Life & Health Topics
    • Affordable Care Act (ACA)
    • Group Disability Insurance
    • HSAs
    • Life insurance
    • Long Term Care Insurance
  • Personal Insurance Basics
  • Specialized Personal Policies
    • All Specialized Personal Policy Topics
    • Boat Insurance
    • Motorcycle Insurance
    • Travel Insurance
    • Umbrella Insurance
  • Essential Property and Liability Insurance
    • All Property & Liability Topics
    • Business Income Insurance
    • General and Auto Liability
  • Specialized Insurance Policies
    • All Specialized Prop & Liability Topics
    • Credit Risk
    • Cyber Insurance
    • Directors & Officers
    • Employment Practices Liability
    • Environmental Liability
    • Professional Liability
    • Surety
    • The Basics
  • Workers’ Compensation Insurance
    • All Workers’ Comp Topics
    • Claims Management
    • Controlling Costs
    • Loss Prevention
    • Regulations
    • The WC Basics
  • Employee Benefits
    • All Employee Benefit Topics
    • Affordable Care Act – “ObamaCare”
    • Benefits Management & Compliance
    • COBRA
    • Dental Insurance
    • Group Disability Insurance
    • Retirement Plans
    • Vision Plans
    • Voluntary Benefits
Top Personal 411 Stories
  • | Ten Tips to Make You a Better Healthcare Consumer
  • | How Your Credit Score Affects Insurance Costs
  • | End-of-Life Planning
  • | Ten Reasons to Buy Long-Term Care Insurance Now
  • | Life Insurance 101: What Happens When a Policy Matures?

Term Life Insurance: A Bargain-Hunter’s Dream?

April 19, 2015 by Leave a Comment

Life InsuranceThe average cost of term life insurance has been dropping over the last several years. If it’s been a while since you’ve updated your coverage, consider adding a term life insurance policy to your financial portfolio.

Value Penguin, a provider of consumer information, recently released a study of average term insurance costs by age. For $250,000 in coverage, you’ll pay as little as $28 per month, depending on your age and smoking status. Costs below are averages; we can help you find the most affordable coverage for your age, health and smoking status, and geographical area.

Age Average Monthly Life Insurance Cost (Non-Smoker) Average Monthly Life Insurance Cost (Smoker)
25 $27.53 $55.71
30 $27.88 $60.17
35 $29.98 $67.42
40 $36.03 $97.95
45 $51.62 $156.80
50 $76.58 $233.21
55 $121.28 $372.47
60 $207.70 $555.73
65 $347.67 $988.32

Filed Under: Life & Health Insurance Information   •  Life insurance   •  Top Personal Insurance Stories

[wp_ad_camp_3]

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Read more ⤵

  • Business Insurance
  • Personal Insurance
  • Newest Personal Articles
  • All Personal Topics
  • Recommended Articles
    • Despite Its Low Cost, Most Consumers Don’t Buy Cyber Risk Insurance
    • Quick Guide to Renters Insurance
    • Not Your Granddad’s Life Insurance Policy
    • Car Insurance Policy Basics

Most Popular

  • Obesity and Life Insurance: Extra Pounds May Cost You More
  • 4 Ways To Use Life Insurance for Charitable Giving
  • Critical Illness Insurance Insures More than Just Your Health!
  • How To Protect Yourself from Dog Bite Liability Claims

Attention Insurance Agents

If you are looking for quality insurance content for your own customized newsletter, please visit Smarts Publishing:
https://smartspublishing.com

Business Insurance 411

  • Essential Property and Liability
  • Specialized Policies
  • Workers’ Compensation
  • Employee Benefits

Personal Insurance 411

  • Homeowners Insurance
  • Auto Insurance
  • Life & Health Insurance
  • Personal Insurance Basics

Read More

  • Business 411 Articles
  • Personal 411 Articles
  • Top Stories Business
  • Top Stories Personal

The Daily Blog

  • Newest Business Articles
  • Newest Personal Articles
  • Most Popular Business
  • Most Popular Personal

Copyright ©2019 TheInsurance411.com

  • Home
  • Terms of Use
  • Privacy Policy
  • About Us
  • Contact Us