Term life insurance rates by age (2026)
Average monthly term life insurance rates rise steadily with age and jump after 50. The table below shows 2026 average premiums for a $500,000, 20-year term policy for healthy non-smokers, plus a $1,000,000 column. Women pay less than men at every age.
| Age | $500k male | $500k female | $1M male |
|---|---|---|---|
| 25 | $36.00/mo | $30.00/mo | $64.80/mo |
| 30 | $38.00/mo | $31.00/mo | $68.40/mo |
| 35 | $47.00/mo | $37.00/mo | $84.60/mo |
| 40 | $59.00/mo | $47.00/mo | $106.20/mo |
| 45 | $90.00/mo | $69.00/mo | $162.00/mo |
| 50 | $137.00/mo | $102.00/mo | $246.60/mo |
| 55 | $231.00/mo | $168.00/mo | $415.80/mo |
| 60 | $395.00/mo | $286.00/mo | $711.00/mo |
Healthy non-smoker, 20-year level term. Updated June 13, 2026. Estimate your own rate →
How this estimate is calculated
Figures are 2026 average monthly term-life rates for a $500k (and $1M), 20-year level-term policy by age and gender for healthy non-smokers, scaled by published coverage factors. Tobacco use roughly triples these rates, and your own price depends on health, family history and underwriting.
See our full methodology for assumptions, limits and the 2026 data used.
Sources
- MoneyGeek — Life Insurance Cost: 2026 Average Rates by Age & Policy (2026)
- Policygenius — Term Life Insurance Rates ($500K policies) (2024)
- NerdWallet — Average Life Insurance Rates (data via Quotacy/LifeStein) (2026)
- Written by
- Colson — Founder & insurance-data researcher, ColsonSuperApps LLC
- Verified
- Every figure checked against its cited primary source
- Last updated
- June 13, 2026
- Standards
- Editorial policy
This is an estimate based on published average-rate data for informational purposes only — not a quote, and not insurance, legal or financial advice. Your actual price depends on the carrier and underwriting. Get a real quote for exact pricing.