Life Insurance Rates by Age (2026 Guide)

Life insurance premiums increase significantly with age. A healthy 30-year-old male pays approximately $30/month for $500,000 of 20-year term coverage.

The same policy costs $50/month at 40, $110/month at 50, and $280/month at 60. Buy life insurance when you're young and healthy — waiting 10 years roughly doubles your premium.

Health conditions (diabetes, heart disease, obesity) can increase premiums 50–300% or result in denial. If you have health issues, consider a 'guaranteed issue' policy (no medical exam, lower coverage limits, higher premiums)..