Term Life Insurance Rates for 19-Year-Olds

When planning for the future, it is important to consider potential risks and factors that could change your current state of financial stability. One important strategy to safeguard your finances is by acquiring term life insurance

But, how much is term life insurance for 19-year-olds? In this article, we look at some of the considerations to keep in mind when estimating the cost of life insurance for a 19-year-old. We will cover factors like current health condition, possible type of term, and the amount of coverage needed. Ultimately, these will help you make an informed decision when it comes to the cost of life insurance for a 19-year-old.

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Life Insurance Premiums for Age 19 Male

20-Year Term Life Insurance Cost (Men; Age 19)

AgeGenderSmokerTermCoverageCompanyMonthly Rate
19MenNo20 Years$25,000Mutual of Omaha$9
19MenNo20 Years$50,000Mutual of Omaha$12
19MenNo20 Years$100,000Prosperity Life$18
19MenNo20 Years$250,000Prosperity Life$35

This table shows the cost of 20-year term life insurance policies for men aged 19 who do not smoke. The coverage and monthly rates offered vary by company, ranging from $25,000 to $250,000 in coverage

Mutual of Omaha offers $9 and $12 monthly rates for $25,000 and $50,000 of coverage, respectively. Prosperity Life offers a $18 rate for $100,000 of coverage and a $35 rate for $250,000 of coverage.

30-Year Term Life Rates (Male; Age 19)

AgeGenderSmokerTermCoverageCompanyMonthly Rate
19MenNo30 Years$25,000Mutual of Omaha$10
19MenNo30 Years$50,000Mutual of Omaha$14
19MenNo30 Years$100,000Prosperity Life$22
19MenNo30 Years$250,000Prosperity Life$44

The table above provides 30-year term life rates for male applicants aged 19 from two companies. The Mutual of Omaha rates are $10 for a coverage of $25,000, $14 for a coverage of $50,000 and from Prosperity Life the rate is $22 for $100,000 coverage and $44 for $250,000 coverage.

20-Year Life Insurance Pricing (Male Tobacco; Age 19)

AgeGenderSmokerTermCoverageCompanyMonthly Rate
19MenYes20 Years$25,000Mutual of Omaha$13
19MenYes20 Years$50,000Foresters$17
19MenYes20 Years$100,000Foresters$29
19MenYes20 Years$250,000Foresters$65

This table shows 20-year life insurance premiums for a 19 year old male who smokes from two different insurance companies – Mutual of Omaha and Foresters. Coverage amounts are shown from $25,000 up to $250,000

Monthly rates from Mutual of Omaha range from $13 to $17 while Foresters rates range from $17 to $65. The lowest rate of $13 is for a coverage of $25,000 with Mutual of Omaha.

30-Year Term Rates (Male Smokers; Age 19)

AgeGenderSmokerTermCoverageCompanyMonthly Rate
19MenYes30 Years$25,000Mutual of Omaha$14
19MenYes30 Years$50,000Foresters$22
19MenYes30 Years$100,000Foresters$39
19MenYes30 Years$250,000Foresters$88

The table above shows the monthly rate of term life insurance policies for male smokers aged 19, with coverage of up to $250,000, over a 30-year period. The data is from Mutual of Omaha and Foresters

According to the table, a $25,000 policy with Mutual of Omaha would cost $14 per month, while a comparable policy with Foresters for $50,000 would cost $22 per month, a $100,000 policy would cost $39 per month, and $250,000 would cost $88 per month.

Life Insurance Premiums for Age 19 Female

20-Year Term Premiums (Women; Age 19)

AgeGenderSmokerTermCoverageCompanyMonthly Rate
19WomenNo20 Years$25,000Mutual of Omaha$9
19WomenNo20 Years$50,000Foresters$11
19WomenNo20 Years$100,000Prosperity Life$16
19WomenNo20 Years$250,000Prosperity Life$29

The table above shows the monthly premiums for women, age 19, who are nonsmokers and are looking for 20-year term coverage. For a coverage of $25,000, Mutual of Omaha’s monthly rate is $9; for $50,000, Foresters’ rate is $11; for $100,000, Prosperity Life’s rate is $16; and for $250,000, Prosperity Life’s rate is $29.

30-Year Term Policies (Women; Age 19)

AgeGenderSmokerTermCoverageCompanyMonthly Rate
19WomenNo30 Years$25,000Mutual of Omaha$9
19WomenNo30 Years$50,000Foresters$13
19WomenNo30 Years$100,000Prosperity Life$18
19WomenNo30 Years$250,000Prosperity Life$35

This table displays 30-year term policies for women aged 19 who do not smoke. The policies are offered by Mutual of Omaha, Foresters and Prosperity Life

There are four coverage amounts available: $25,000, $50,000, $100,000, and $250,000. The corresponding monthly rates are $9, $13, $18, and $35 respectively.

20-Year Term Monthly Premiums (Women Smokers; Age 19)

AgeGenderSmokerTermCoverageCompanyMonthly Rate
19WomenYes20 Years$25,000Mutual of Omaha$12
19WomenYes20 Years$50,000Foresters$13
19WomenYes20 Years$100,000Foresters$20
19WomenYes20 Years$250,000Foresters$43

The table above displays the premium rates for 20-year term life insurance policies for women smokers aged 19. It includes information on the coverage amount, the company providing the policy, and the monthly rate

Mutual of Omaha is offering a $25,000 policy for $12 per month. Foresters is offering $50,000, $100,000, and $250,000 policies for $13, $20, and $43 per month, respectively.

30-Year Term Insurance Quotes (Female Smokers; Age 19)

AgeGenderSmokerTermCoverageCompanyMonthly Rate
19WomenYes30 Years$25,000Mutual of Omaha$13
19WomenYes30 Years$50,000Foresters$16
19WomenYes30 Years$100,000Foresters$26
19WomenYes30 Years$250,000Foresters$57

The table above shows the monthly rates for 30-year term life insurance policies for female smokers aged 19. Four different coverage amounts are shown: $25,000, $50,000, $100,000, and $250,000

Mutual of Omaha provides the $25,000 policy and Foresters provides the other three policies. The lowest quoted monthly rate is $13, provided by Mutual of Omaha for the $25,000 policy, and the highest quoted monthly rate is $57, provided by Foresters for the $250,000 policy.