00:00A $100,000 life insurance policy can cost roughly $1.8, $1.12 per month for a healthy 30-year
00:06-old
00:07non-smoker buying term coverage, but the price can rise substantially with age, health risks,
00:12and longer terms. Current 2026 rate analysis of 26 insurers provides the following U.S. averages.
00:201. 10-year term, at age 30, about $1.8 slash month for both men and women, at age 50,
00:27about $1.17 slash month for men and $15 for women, at age 60, the averages rise to $1.38
00:35and $1.69, respectively. 2. 20-year term, at age 30, approximately $1.10 slash month for men
00:44and $9 for women, at age 40, $1.13 and $1.11, at age 50, $1.24 and $1.19,
00:53and at age 60,
00:54$1.64 and $1.47. 3. 30-year term, asterisk at age 30, roughly $1.12 slash month for men
01:03and $11
01:04for women, at age 40, $1.19 and $1.16, and at age 50, $1.42 and $1.33. 30
01:12-year coverage becomes difficult
01:14to obtain at older ages. The answer changes significantly depending on age, sex, smoking
01:20status, health, policy duration, location, and whether the policy requires a medical exam.
01:26For example, simplified issue coverage can cost considerably more. One analysis found about $1.26,
01:34$1.34 slash month for a healthy 50-year-old male seeking $100,000 of coverage, depending on the term.
01:41These figures are U.S. estimates and should not be treated as a guaranteed quote.
01:46Practically, compare at least 3 to 5 insurers and request quotes using the same coverage amount
01:52and term, because underwriting can produce substantial differences between applicants.
01:57Finally, remember that everything we discussed today is for educational purposes only and does
02:02not constitute financial advice. Good luck to everyone, and see you in the next video.
