10 Realistic Term Life Insurance Cost Examples: See What You May Pay

Term life insurance cost showing monthly premiums by age, coverage amount, term length, health and smoking status in the United States.

Term life insurance cost can vary significantly from one person to another. Age, coverage amount, term length, health, tobacco use, and the insurer’s underwriting rules can all affect the premium you pay. Data shows that a healthy nonsmoker may pay relatively affordable premiums for a $500,000 policy when applying at a younger age, while costs can rise sharply as age increases.