This term life insurance age 20 – 29 review will show you the best prices for people in their fifties. Using the pricing information in this review can help keep you from overpaying for your term life insurance. However, if you are age 50 years or older, you should question whether you should be looking to buy term insurance or a permanent life insurance policy. If you follow anyone writing about personal finance, almost all of them say the only type of life insurance anyone should buy is term life insurance. This may be the best strategy for many people in their 20s, 30s, & 40s, trying to “buy term and invest the difference.” When you are younger, term life insurance is inexpensive, so you can buy enough term life insurance to cover you during your working years, and use the money you would have used to buy the more expensive permanent life insurance, to invest in the stock market to get a better return. For example, say you buy a $750,000 30 year term life insurance policy at age 32. By the time the policy expires when you are 62, your kids are grown, your mortgage is paid off, and the 30 years of investment returns has built a large retirement account your spouse can use should you die. Continue reading
Category Archives: Term life insurance rates for people in their 50s
Term Life Insurance Rates: 59 Year Old Female Non Smoker
Term life insurance can be made affordable for you, even if you are a 59 year old woman. The cost of term life insurance can be lowered, by decreasing the dollar amount of the death benefit, or reducing the number of years of the term, to make term life insurance coverage affordable for any budget. This blog post shows you the best rates for a ten year term policy & a fifteen year term policy, across four different health rating classes, for death benefit amounts of $100,000, $250,000, & $500,000. The information in this blog article will help you know if you’re getting a competitive price when you shop for term life insurance. For example, a life insurance agent quotes you an insurance company with a fifteen year term life insurance policy, at Preferred rates for $500,000 of coverage, you can check the rates here for the lowest fifteen year term Preferred rates for $500,000 of coverage, to see if the agent or company is offering you a good deal. Continue reading
Term Life Insurance Rates: 59 Year Old Male Non Smoker
Term life insurance can be purchased at affordable rates, even if you are a 59 year old man. The price of term life insurance can be lowered, by decreasing the dollar amount of the death benefit, or reducing the number of years of the term, to make life insurance coverage affordable for any budget. This blog post shows you the best rates for a ten year term policy and a fifteen year term policy, across four different health classes, for $100,000, $250,000, & $500,000 of death benefit coverage. The information in this blog article will help you know if you’re getting a competitive price when you shop for term life insurance. For example, an agent quotes you an insurance company with a fifteen year term life insurance policy at Standard rates for $500,000 of coverage, you can check the rates here for the lowest fifteen year term Standard rates for $500,000 of coverage, to see if the agent or company is offering you a good deal. Continue reading
Term Life Insurance Rates: 58 Year Old Female Non Smoker
People can buy term life insurance at affordable rates, even if you are a 58 year old woman. The cost of term life insurance can be adjusted, by decreasing the amount of the death benefit, or reducing the number of years of the term, to make life insurance coverage affordable for you. This blog post shows you the best rates for a ten year term life policy & a fifteen year term life insurance policy, across four different health rate classes, for $100,000, $250,000, & $500,000 of coverage. The information in this blog article will help you know if you are getting a competitive price when you shop for life insurance. For example, an agent quotes you an insurance company with a 15 year term life policy at Standard rates for $250,000 of coverage, you can check the rates here for the lowest 15 year term Standard rates for $250,000 of coverage, to see if the insurance agent or company is offering you a good deal. Continue reading
Term Life Insurance Rates: 58 Year Old Male Non Smoker
Term life insurance is affordable, even if you are a 58 year old man. To fit your budget, you can decrease the amount of the death benefit, or reduce the number of years for the term, to make a life insurance policy affordable for you. This blog post shows you the lowest rates for a 10 year term life policy & a 15 year term life policy, for different health rate classes. This information will help you know if you are getting a low price when you shop for life insurance. For example, an agent quotes you an insurance company with a ten year term life policy at Standard rates, you can check the rates here for the lowest 10 year term Standard rates, to see if the agent is offering you a good deal. Continue reading
Term Life Insurance Rates: 57 Year Old Female Non Smoker
Term life insurance is still affordable, even if you are a 57 year old woman. If needed, you can lower the amount of the death benefit, or reduce the number of years for the term, to make a life insurance policy affordable to you. This blog article will show you the lowest rates for a ten year term life insurance policy and a fifteen year term life insurance policy, for 4 health rating classes. This information will help you know if you’re getting a good deal when you shop around for term life insurance. For example, a life insurance agent quotes you a company with a ten year term policy at Preferred rates, you can check the rates here for the lowest 10 year term Preferred rates, to see if the agent is offering you a competitive price. Continue reading
Term Life Insurance Rates: 57 Year Old Male Non Smoker
Term life insurance can still be affordable, even if you are a 57 year old man. If needed, you can adjust the amount of the death benefit, or the number of years for the term, to make a life insurance policy affordable to you. This blog post will show you the lowest rates for a 10 year term policy and a 15 year term policy, in four health rate classes. This information can help you know if you are getting a good deal when you shop for life insurance. For example, an agent quotes you a company with a ten year term policy at Standard Plus rates, you can check the rates here for the lowest 10 year term Standard Plus rates, to see if what the agent is offering you is a good deal. Continue reading
Term Life Insurance Rates: 56 Year Old Female Non Smoker
Yesterday, I wrote about affordable term life insurance when you are a 56 year old man. Today, I am blogging about term life insurance rates for a 56 year old woman non smoker, which are lower than the male rates, because women, as a group, live longer than men. Term life rates are not as low for people in middle-age as they are for younger people, but they are still affordable to most people wanting it.
The great thing about term life insurance is you can adjust the amount of coverage, or the length of term of coverage, to make a policy fit your budget. This blog post will show you the companies with the lowest rates for the best (Preferred Plus) and Standard health classes, for various amounts of coverage for 10 & 15 year term life policies, for a female age fifty-six non-smoker, so you have an idea of whether you are getting a quote at a reasonable price, when you shop for life insurance. Continue reading
Term Life Insurance Rates: 56 Year Old Male Non Smoker
Believe it or not, you can buy affordable life insurance when you are a 56 year old man. With term life insurance, you can adjust the amount of coverage, or the length of time for the coverage, to make a policy affordable to you. This blog post will show you what types of rates to expect, depending on your health, amount of coverage, and length of the term of the policy, as well as the names of the companies with the lowest rates. Continue reading
Term Life Insurance Rates: 52, 53, 54, 55 Year Old Non Smoker
How much is term life insurance for a 52, 53, 54, or 55 year old man or woman? Surprisingly, even in your early 50s, term life insurance can be affordable. Females pay a lower rate than males, because women, as a group, live longer than men. Which life insurance company will have the lowest rates for you will depend, not only on your age, sex, and tobacco use, but on the amount of the death benefit, the length of the term (10, 15, 20, 30 year term), your health and your family heath history. Even the payment plan you choose will decide which company will have the best life insurance rates for you: the company with the lowest monthly premium is not likely to have the lowest annual premium for you. Continue reading
Term Life Insurance Rates: 51 Year Old Female Non Smoker
Term life insurance is affordable now more than ever. How inexpensive can it be for a woman, age 51? To show you how inexpensive rates can be, I’m writing a series of blog posts about the insurance companies with the lowest term life rates at different ages. Term life prices are lower today because of advancements in health care, increased competition among life insurance companies, & because people continue to live longer lives. Everyone should review their life insurance needs with an agent each year. If you started a term life insurance policy a few years ago, it’s likely you can get lower rates now, or you may be able to get a lot more coverage for what you currently pay. This blog post tells you about the five insurance companies with the best rates for a fifteen year term life insurance policy with a $250,000 death benefit, for 4 health rates classes, for a fifty one year old female non-smoker. You may desire a higher amount of coverage for your death benefit or a longer term of coverage, but this article can help you avoid many of the mistakes people make getting a term life insurance policy. Continue reading
Term Life Insurance Rates: 51 Year Old Male Non Smoker
Term life insurance is more affordable than ever. How inexpensive can it be for a man, age 51? To show you how low the rates can be, I am doing a blog series showing the insurance companies with the lowest term life rates at different ages. Term life prices are lower today because of advancements in medical care, competition among insurance companies, and because we continue to live longer lives. You should review your life insurance needs with an insurance agent each year. If you started a term life insurance policy a few years ago, it’s likely you can get lower rates now, or you may be able to get much more coverage for what you currently pay. This blog post shows you the five insurance companies with the best rates for a 15 year term life insurance policy with a $250,000 death benefit, over four health classes, for a fifty one year old male non-smoker. Remember, if you find these rates more than you can afford, you reduce the price by choosing a lower death benefit, or a shorter term. Term life insurance can be made affordable for any budget, and this blog post will tell you how to avoid costly mistakes, and get the best price for the coverage you desire. Continue reading
Term Life Insurance Rates: 50 Year Old Female Non Smoker
Term life insurance is more affordable than ever. How inexpensive can it be for a woman, age 50? To show you how low rates can be, I am writing a blog series showing the insurance companies with the lowest term life rates at different ages. Term life prices are lower today because of advancements in health care, competition among insurance companies, & because we continue to live longer lives. You should review your life insurance needs with an agent each year. If you started a term life insurance policy a few years ago, it is likely you can get lower rates now, or you may be able to get much more coverage for what you currently pay. This blog post shows you the five insurance companies with the best rates for a 20 year term life insurance policy with a $150,000 death benefit, over four health classes, for a fifty year old female non-smoker. Even if you desire a higher amount of coverage for your death benefit, this article can help you avoid many of the mistakes people make getting a term life insurance policy. Continue reading
Term Life Insurance Rates: 50 Year Old Male Non Smoker
Term life insurance is more affordable than ever. How inexpensive can it be for a man, age 50? To show you how low the rates can be, I’m doing a blog series showing the insurance companies with the lowest term life rates at different ages. Term life prices are lower today because of advancements in health care, competition among insurance companies, and because we continue to live longer lives. You should review your life insurance needs with an agent each year. If you started a term life insurance policy a few years ago, it’s likely you can get lower rates now, or you may be able to get much more coverage for what you currently pay. This blog post shows you the five insurance companies with the best rates for a 20 year term life insurance policy with a $150,000 death benefit, over four health classes, for a fifty year old male non-smoker. Continue reading