At 35 years of age, you are likely well into your career, possibly have a family, and other life goals you wish to pursue. One of the most important financial decisions you can make at this stage in life is to ensure you have appropriate life insurance coverage in place
Finding the right coverage is essential to protecting your loved ones should anything happen to you. But, how much is term life insurance for 35-year-olds? In this article, we'll explore the factors which influence term life insurance cost and provide some tips to keep in mind when researching and purchasing coverage.
Burial Insurance
20-Year Term Life Insurance Cost (Men; Age 35)
| Age | Gender | Smoker | Term | Coverage | Company | Monthly Rate |
|---|---|---|---|---|---|---|
| 35 | Men | No | 20 Years | $25,000 | Mutual of Omaha | $11 |
| 35 | Men | No | 20 Years | $50,000 | Prosperity Life | $14 |
| 35 | Men | No | 20 Years | $100,000 | Prosperity Life | $21 |
| 35 | Men | No | 20 Years | $250,000 | Prosperity Life | $42 |
This table shows the monthly premiums for 20-year term life insurance for men aged 35 who don't smoke. The table also outlines the insurance coverage amount, the insurance company offering the plan, and the corresponding monthly rate
Mutual of Omaha offers $25,000 of coverage with a monthly premium of $11, while Prosperity Life offers $50,000, $100,000 and $250,000 coverage plans with monthly premiums of $14, $21, and $42 respectively.
30-Year Term Life Rates (Male; Age 35)
| Age | Gender | Smoker | Term | Coverage | Company | Monthly Rate |
|---|---|---|---|---|---|---|
| 35 | Men | No | 30 Years | $25,000 | Mutual of Omaha | $13 |
| 35 | Men | No | 30 Years | $50,000 | Prosperity Life | $18 |
| 35 | Men | No | 30 Years | $100,000 | Prosperity Life | $28 |
| 35 | Men | No | 30 Years | $250,000 | Prosperity Life | $59 |
This table shows the 30-year term life insurance rates for a non-smoking male of age 35 from Mutual of Omaha and Prosperity Life. The coverage options are $25,000, $50,000, $100,000, and $250,000
Mutual of Omaha's rate is $13 a month for the $25,000 coverage, Prosperity Life's rate is $18 a month for the $50,000 coverage, $28 a month for the $100,000 coverage, and $59 a month for the $250,000 coverage.
20-Year Life Insurance Pricing (Male Tobacco; Age 35)
| Age | Gender | Smoker | Term | Coverage | Company | Monthly Rate |
|---|---|---|---|---|---|---|
| 35 | Men | Yes | 20 Years | $25,000 | Mutual of Omaha | $16 |
| 35 | Men | Yes | 20 Years | $50,000 | Foresters | $26 |
| 35 | Men | Yes | 20 Years | $100,000 | Americo | $46 |
| 35 | Men | Yes | 20 Years | $250,000 | Americo | $103 |
This table summarizes a comparison of life insurance quotes for a 35-year-old male tobacco user for a coverage period of 20 years. Coverage quotes range from $25,000 to $250,000 and were obtained from Mutual of Omaha, Foresters, and Americo
The displayed rates indicate that the monthly rates increase with an increase in the coverage amount. For example, the monthly rate for $25,000 coverage from Mutual of Omaha is $16, whereas the monthly rate for $250,000 coverage from Americo is $103.
Burial Insurance
30-Year Term Rates (Male Smokers; Age 35)
| Age | Gender | Smoker | Term | Coverage | Company | Monthly Rate |
|---|---|---|---|---|---|---|
| 35 | Men | Yes | 30 Years | $25,000 | Mutual of Omaha | $20 |
| 35 | Men | Yes | 30 Years | $50,000 | Foresters | $31 |
| 35 | Men | Yes | 30 Years | $100,000 | Foresters | $58 |
| 35 | Men | Yes | 30 Years | $250,000 | Prosperity Life | $135 |
The table above shows the rates for 30-year term life insurance for male smokers aged 35. It features four life insurance companies and coverage amounts of $25,000, $50,000, $100,000 and $250,000
Mutual of Omaha has the lowest monthly rate at $20 for the $25,000 coverage. Foresters has two different rates of $31 and $58 for the $50,000 and $100,000 coverage respectively. The highest monthly rate is $135 from Prosperity Life for the $250,000 coverage amount.
20-Year Term Premiums (Women; Age 35)
| Age | Gender | Smoker | Term | Coverage | Company | Monthly Rate |
|---|---|---|---|---|---|---|
| 35 | Women | No | 20 Years | $25,000 | Mutual of Omaha | $10 |
| 35 | Women | No | 20 Years | $50,000 | Prosperity Life | $13 |
| 35 | Women | No | 20 Years | $100,000 | Prosperity Life | $19 |
| 35 | Women | No | 20 Years | $250,000 | Prosperity Life | $36 |
The above table displays the monthly rates for 20-Year Term life insurance policies available for women aged 35. There are two companies offering the insurance: Mutual of Omaha and Prosperity Life
All policies are for non-smokers. Mutual of Omaha offers a $25,000 coverage policy with a monthly rate of $10. Prosperity Life offers policies with coverage of $50,000, $100,000, and $250,000 with respective monthly rates of $13, $19, and $36.
30-Year Term Policies (Women; Age 35)
| Age | Gender | Smoker | Term | Coverage | Company | Monthly Rate |
|---|---|---|---|---|---|---|
| 35 | Women | No | 30 Years | $25,000 | Mutual of Omaha | $12 |
| 35 | Women | No | 30 Years | $50,000 | Prosperity Life | $15 |
| 35 | Women | No | 30 Years | $100,000 | Prosperity Life | $23 |
| 35 | Women | No | 30 Years | $250,000 | Prosperity Life | $47 |
The table shows rate information for 30-year term policies for a 35-year-old woman who is a non-smoker. Mutual of Omaha offers a $25,000 coverage policy at a monthly rate of $12, while Prosperity Life offers policies with $50,000, $100,000 and $250,000 coverage for monthly rates of $15, $23 and $47 respectively.
20-Year Term Monthly Premiums (Women Smokers; Age 35)
| Age | Gender | Smoker | Term | Coverage | Company | Monthly Rate |
|---|---|---|---|---|---|---|
| 35 | Women | Yes | 20 Years | $25,000 | Mutual of Omaha | $15 |
| 35 | Women | Yes | 20 Years | $50,000 | Prosperity Life | $24 |
| 35 | Women | Yes | 20 Years | $100,000 | Prosperity Life | $40 |
| 35 | Women | Yes | 20 Years | $250,000 | Prosperity Life | $90 |
This table shows the monthly rates for different companies for 20-year term life insurance for women smokers aged 35. Mutual of Omaha offers $25,000 in coverage for a monthly rate of $15
Prosperity Life offers $50,000, $100,000, and $250,000 in coverage for a monthly rate of $24, $40, and $90, respectively.
Burial Insurance
30-Year Term Insurance Quotes (Female Smokers; Age 35)
| Age | Gender | Smoker | Term | Coverage | Company | Monthly Rate |
|---|---|---|---|---|---|---|
| 35 | Women | Yes | 30 Years | $25,000 | Mutual of Omaha | $19 |
| 35 | Women | Yes | 30 Years | $50,000 | Prosperity Life | $26 |
| 35 | Women | Yes | 30 Years | $100,000 | Prosperity Life | $46 |
| 35 | Women | Yes | 30 Years | $250,000 | Prosperity Life | $103 |
The table above shows quotes from two insurance companies – Mutual of Omaha and Prosperity Life – for term life insurance for women smokers aged 35. Coverage ranges from $25,000 to $250,000 and the term is 30 years
Monthly rates range from $19 to $103, with Prosperity Life providing slightly higher premiums across all coverage amounts.
