In this article, we’ll provide an overview of the cost of a $100,000 Life Insurance Policy —whether it’s Term Life, Whole Life, or No Medical Exam— and provide sample rates, from ages 20 to 80: healthy or on medication, male or female.
10, 15, 20 and 30 Year Term Quotes for $100,000 Policies
Ten, fifteen, twenty, and thirty year term rates basically are just how long your premiums stay ‘flat’ or at a fixed rate.
A term policy doesn’t typically cancel at the end of the term. That’s a misconception. Typically the prices just adjust and go sky high, usually to the point where you would not want to keep the policy so be sure when looking at the term lengths, you select an option that fits your overall financial plan.
You’ll notice that we have separated the charts by male and female. This is because women tend to have longer life expectancies on average. This is probably because they don’t usually say things like, ‘Watch this!’ and ‘It’s only a small bear!’
If you use tobacco products expect to pay 1 – 2x more than a non-tobacco user. Although, we do have access to a few companies that may have non-smoker rates for vapers, cigar and pipe users, and chewing tobacco users, as well as some recreational or medical pot use, so be sure to check with us for the best rates.
Also, keep in mind that the longer the term policy the more expensive the premium will be. For instance, a 10 year term life insurance policy for a 30 year old male is $7.30, whereas, a 30-year term policy for a 30 year old male is $11.14.
To see your rates customized to your age, health, and state of residence, we can help you! Get started with a free quote.
$100,000 10 YEAR TERM LIFE INSURANCE POLICY
| 100K 10 Year Term | Male | Female |
|---|---|---|
| Age 30 | $7.30 | $6.79 |
| Age 40 | $8.25 | $7.91 |
| Age 50 | $14.24 | $12.56 |
| Age 60 | $29.14 | $23.85 |
| Age 70 | $86.52 | $59.52 |
* It is possible to estimate the costs for additional ages by averaging the costs of the two ages for a $100,000 10 Year Term Life Insurance policy to get estimated rates for Age 25, Age 35, Age 45, Age 55, Age 65, and Age 75.
$100,000 15 YEAR TERM LIFE INSURANCE POLICY
| 100K 15 Year Term | Male | Female |
|---|---|---|
| Age 30 | $7.55 | $7.40 |
| Age 40 | $9.01 | $8.76 |
| Age 50 | $17.90 | $14.36 |
| Age 60 | $37.80 | $28.84 |
| Age 70 | $120.87 | $76.76 |
* It is possible to estimate the costs for additional ages by averaging the costs of the two ages for a $100,000 15 Year Term Life Insurance policy to get estimated rates for Age 25, Age 35, Age 45, Age 55, Age 65, and Age 75.
$100,000 20 YEAR TERM LIFE INSURANCE POLICY
| 100K 20 Year Term | Male | Female |
|---|---|---|
| Age 30 | $8.81 | $8.17 |
| Age 40 | $10.66 | $9.83 |
| Age 50 | $21.78 | $17.31 |
| Age 60 | $52.36 | $37.27 |
| Age 70 | $203.74 | $169.49 |
*It is possible to estimate the costs for additional ages by averaging the costs of the two ages for a $100,000 20 Year Term Life Insurance policy to get estimated rates for Age 25, Age 35, Age 45, Age 55, Age 65, and Age 75.
$100,000 30 YEAR TERM LIFE INSURANCE POLICY
| 100K 30 Year Term | Male | Female |
|---|---|---|
| Age 30 | $11.14 | $9.85 |
| Age 40 | $15.39 | $13.27 |
| Age 50 | $36.00 | $28.91 |
*Updated for 2022: Rates above are monthly and for illustrative purposes only. Not an offer for insurance. Please note rates vary substantially depending on state of residence, unique medical history, height and weight, driving history, as well as other factors. It is possible to estimate the costs for additional ages by averaging the costs of the two ages for a $100,000 20 Year Term Life Insurance policy to get estimated rates for Age 25, Age 35, Age 45, Age 55, Age 65, and Age 75. We know all the ins and outs to get you the cheapest rates for a $100,000 Term Life Insurance Policy. Get a quote from us today to ensure you’re getting the lowest rates.
$100,000 WHOLE AND UNIVERSAL LIFE QUOTES – TO AGES 90, 95, AND 100
There are some instances where it makes sense to get a guaranteed universal life insurance policy or a whole life policy.
The advantages of a guaranteed policy are just that, it is guaranteed which may be the best route to go if you have a pre-existing medical condition.
Even if you have mild medical conditions like well controlled asthma, high blood pressor, or high cholesterol, you can still be denied coverage by some carriers.
We can help ensure you apply for life insurance carriers who will give you a standard health rating. Call anytime: 888-681-4952
Keep in mind that these quotes below are for ‘preferred’ rates which means that you have to be in great health to qualify. But don’t worry, we have a relationship with all of the major life insurance companies and know which ones to use to get you the best possible rate depending on your age and health.
$100,000 LIFE INSURANCE POLICY UNIVERSAL GUARANTEED TO AGE 95
| 100K Guaranteed Age 95 | Male | Female |
|---|---|---|
| Age 30 | $465.05 | $377.89 |
| Age 40 | $659.78 | $533.14 |
| Age 50 | $1,004.17 | $805.82 |
| Age 60 | $1,609.58 | $1,294.26 |
| Age 70 | $2,879.45 | $2,286.60 |
*It is possible to estimate the costs for additional ages by averaging the costs of the two ages for a $100,000 Guaranteed to age 95 life insurance policy to get estimated rates for Age 25, Age 35, Age 45, Age 55, Age 65, and Age 75.
$100,000 LIFE INSURANCE POLICY UNIVERSAL GUARANTEED TO AGE 100
| 100K Guaranteed Age 95 | Male | Female |
|---|---|---|
| Age 30 | $500.85 | $416.65 |
| Age 40 | $703.43 | $580.34 |
| Age 50 | $1,069.59 | $877.14 |
| Age 60 | $1,771.07 | $1,419.20 |
| Age 70 | $3,183.72 | $2,615.73 |
*Updated for 2022: Rates above are monthly and for illustrative purposes only. Not an offer for insurance. Please note rates vary substantially depending on state of residence, unique medical history, height and weight, driving history, as well as other factors. It is possible to estimate the costs for additional ages by averaging the costs of the two ages for a $100,000 Universal Guaranteed to age 100 life insurance policy to get estimated rates for Age 25, Age 35, Age 45, Age 55, Age 65, and Age 75. We know all the ins and outs to get you the cheapest rates for a $100,000 Term Life Insurance Policy. Get a quote from us today to ensure you’re getting the lowest rates.
NO EXAM LIFE INSURANCE: HOW MUCH DOES A $100,000 POLICY COST WITH NO MEDICAL EXAM?
A $100,000 no exam life insurance policy generally will cost a bit more than a policy with a medical exam.
One nice thing about no exam policies are that you can get them as quickly as 1-2 days rather than 4-6 weeks if you take an exam.
It is also generally for healthier people and younger people as most companies will require an exam once you are over age 50.
$100,000 15 YEAR NO MEDICAL EXAM TERM LIFE INSURANCE POLICY
| 100K 15 Year Term No Exam | Male | Female |
|---|---|---|
| Age 30 | $8.68 | $8.24 |
| Age 40 | $10.53 | $9.44 |
| Age 50 | $21.43 | $16.21 |
| Age 60 | $47.56 | $32.76 |
*Updated for 2022: Rates above are monthly and for illustrative purposes only. Not an offer for insurance. Please note rates vary substantially depending on state of residence, unique medical history, height and weight, driving history, as well as other factors. It is possible to estimate the costs for additional ages by averaging the costs of the two ages for a $100,000 No Medical Exam life insurance policy to get estimated rates for Age 25, Age 35, Age 45, Age 55, and Age 65. We know all the ins and outs to get you the cheapest rates for a $100,000 Term Life Insurance Policy. Get a quote from us today to ensure you’re getting the lowest rates.
Comparing $100,000 to $50,000 or $150,000 Coverage
The $100,000 life insurance policy is a very interesting amount when it comes to pricing.
That’s because just about every insurance company starts offering coverage at $100k.
Contrast that with $50,000 of coverage where very few companies offer it. What does this mean for pricing?
There’s a lot more competition at $100,000 so the pricing is great, especially compared to $50,000. You might think it would cost double, but it’s not even close to double. Watch as our “Secret Shopper” compares…
Comparing Companies That Offer $100,000 Policies
$100,000 20 Year Term Life Insurance – Haven VS Ladder VS Bestow VS Ethos VS Fabric VS Sagicor
| Male | Age 30 | Age 40 | Age 50 | Age 60 |
|---|---|---|---|---|
| Haven | $10.57 | $13.25 | $26.20 | $64.72 |
| Ladder | $14 | $17 | $32 | N/A |
| Bestow | $10.25 | $13.33 | N/A | N/A |
| Ethos | $10 | $15 | $33 | $86 |
| Fabric | $15.88 | $20.48 | $33.84 | $74.47 |
| Sagicor | $9.63 | $10.92 | $25.14 | $71.35 |
Frequently Asked Questions About $100,000 Policies
WHAT’S THE AVERAGE PRICE FOR $100K OF LIFE INSURANCE?
The average price for a 100K life insurance policy can start as low as $7 a month if you are female around the age of 30 years and only looking for 10 years of term life insurance. But if you are 70 years of age looking for a guaranteed issue policy up to age 100, you could be looking at spending over $3,000 a month for that policy.
There are no average prices for a $100,000 life insurance policy because there are too many factors like, sex, length, pre-existing conditions and policy type to consider.
CAN I GET $100,000 OF GUARANTEED ISSUE LIFE INSURANCE?
Most companies max out at 35k to 50K for guaranteed issue but explain that there are several instances where people think they need guaranteed issue but can actually qualify for a graded death benefit policy.
There are many instances where instead of a flat denial you may qualify for a graded death benefit. Some of these include if you’ve had cancer in remission over two years or control diabetes with pills and not insulin.
Most guaranteed issue life insurance policies max out at 35k to 50k but depending on your pre-existing conditions we may be able to get you qualified with insurers like Baltimore Life Insurance Company who offers a 150K policy.
HOW MUCH IS $100 THOUSAND LIFE INSURANCE POLICY FOR SENIORS?
As you get older life insurance companies increase their rates based on statistical data and your pre-existing medical conditions. Your rates are going to depend on the life insurance policy you choose.
I’d really like to provide you with charts giving you an idea of what the costs are going to be for a $100,000 life insurance policy for seniors, but I think any number I gave would be misleading. The best way I can help you is for you to give me a call: 888-681-4952
AIG Direct is also a great company for seniors since they have all the product offerings: term, universal life, and guaranteed issue, so no matter the age or what type of coverage someone needs, they probably have a good solution.
The Bottom Line
Let’s discuss your interest in —and eligibility for— $100,000 Life Insurance Coverage.
We can help determine the best fit for you— based on your goals, your individual circumstances, and your budget.
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