Average annual life insurance rates for women POSSIBLE POINTS: 14
Average annual life insurance rates for men
Age at
purchase
Policy amount
20-year term
life
30-year term
Whole life
Agent
purchase
Policy amount
20-year term
30-year term
life
Whole lite
30
$250,000
$141
$206
$2.114
$250.000
3156
5200
$2,385
$500,000
$208
$335
$4,142
$500,000
5242
$400
$4,575
$1,000,000
$347
$585
$8,150
$1,000,000
$415
$720
59.217
40
$250,000
$165
$314
$3,000
$250,000
5210
$354
$3,508
$500,000
$306
$553
$5,807
$500,000
$3.48
5687
56.910
$1.000.000
$534
$1,026
$11.677
$1,000,000
$631
51.281
$13.700
50
$250,000
$375
5680
$4,569
50
$250,000
$491
3913
$5.436
$500,000
$669
$1.284
$9,003
$500.000
$898
$1.725
$10.802
$1,000,000
$1.233
$2,349
$17.760
$1,000,000
$1,602
$3,301
$21.483
$250,000
$1.033
Not available
$7.293
60
$500.000
$1.911
$14,387
$1,000,000
53.637
$28,670
Source for all rates: Quoty. Lowest three runs for each age and policy type averaged.
$250,000 $1,477
Not available $8.780
$500,000
$2.799
$17.487
$1,000,000 $5.393
$34653
Source for all rates: Quocy. Lowest three rates for each age and policy type averaged.
Find the annual premium of a $250,000 life insurance policy for:
a 40-year-old man buying a whole life policy $
a 50-year-old woman buying a 20-year term policy $