Advertising Disclosure:  Some companies recommended on this page may pay us a fee if you visit their site.  Learn more.

$500,000 Life Insurance Quotes 

(TERM/WHOLE LIFE, NO EXAM, AGES 20-80)


In this article, you will learn the cost of a $500,000 life insurance policy, whether it's term, whole life, or no exam and get sample rates from ages 20 to 80, healthy or on medication, male or female.

  • Compare rates from $500k to $1 million+
  • Click to apply in seconds
  • Over 20,000 quotes requested since 2013
Life Insurance Shopping Reviews LLC BBB Business Review

Or call us at 888-681-4952

Quick Guide

Read the entire article, or click a link below to skip to a section.

Short Term Life Insurance - 10, 20, 30 years

Term Insurance

$500,000 quotes for 10, 20, and 30 year policies

Permanent Insurance

$500,000 of life insurance to ages 90, 95,100

Lightning Fast No Exam Life Insurance

No Exam Insurance

Cost to get $500 thousand life insurance in 1-2 days

Seniors Life Insurance Cost for $100,000

Cost for Seniors

How $500k life insurance rates change at age 55+

Short Term Life Insurance - 10, 20, 30 years

10, 15, 20 and 30 year term quotes for $500,000

Term life insurance rates usually don't change once the policy has been issued and is non-cancelable, so life expectancy and underlying health doesn't affect life insurance rates as long as you keep annual life insurance premiums up to date.  

A healthy person can purchase a 10 year term life cover for $7/month vs $2500/month for someone with major health issues who may or may not live to see the next checkup each year.

$500,000 Life Insurance Rates - Term, Whole Life, No Exam 10, 20, 30 Year Term

Life Insurance Services provides products from multiple A rated companies, giving you choice and great value on your life insurance―to meet your individual needs.

Life insurance companies have different life insurance rates for life insurance policies based on the life insured's gender. This is due to life expectancy being longer among women than men. Rates will depend on the health of the life insured person, their sex , smoking status etc. In general, life expectancies are increasing so life insurance premiums have been going up in the last few years. Life insurance cost comparisons over time show that rates have risen broadly since 2000 but there has also been substantial variability across different types of life policies and across different genders. Life insurance cost comparisons between males and females suggests that women tend to pay less than men do for life insurance coverage overall because they tend to live longer lives.

$500,000 10 Year Term Life Insurance Policy

500K 10 Year Term

Male

Female

Age 30

$13.33

$11.44

Age 40

$17.20

$15.11

Age 50

$39.86

$33.88

Age 60

$102.91

$72.68

Age 70

$294.56

$197.20

*  It is possible to estimate the costs for additional ages by averaging the costs of the two ages for a $500,000 10 Year Term Life Insurance policy to get estimated rates for Age 25, Age 35, Age 45, Age 55, Age 65, and Age 75. 

$500,000 15 Year Term Life Insurance Policy

500K 15 Year Term

Male

Female

Age 30

$14.62

$13.18

Age 40

$20.49

$19.78

Age 50

$52.81

$41.13

Age 60

$131.81

$94.92

Age 70

$439.16

$283.36

*  It is possible to estimate the costs for additional ages by averaging the costs of the two ages for a $500,000 15 Year Term Life Insurance policy to get estimated rates for Age 25, Age 35, Age 45, Age 55, Age 65, and Age 75. 

$500,000 20 Year Term Life Insurance Policy

500K 20 Year Term

Male

Female

Age 30

$19.23

$16.23

Age 40

$26.99

$23.80

Age 50

$66.36

$55.59

Age 60

$183.81

$141.64

Age 70

$790.62

$660.60

*It is possible to estimate the costs for additional ages by averaging the costs of the two ages for a $500,000 20 Year Term Life Insurance policy to get estimated rates for Age 25, Age 35, Age 45, Age 55, Age 65, and Age 75. 

$500,000 30 Year Term Life Insurance Policy

500K 30 Year Term

Male

Female

Age 30

$30.13

$25.57

Age 40

$50.57

$40.47

Age 50

$128.16

$95.56

*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 $500,000 30 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 $250,000 Term Life Insurance Policy.  Get a quote from us today to ensure you're getting the lowest rates.

Americans are terrible at this one thing...

recent study found that more than half of Americans overestimate the cost of term life insurance by three times.  If you've never gotten a personalized quote or only seen quotes from one company, you likely have no idea how inexpensive life insurance really is!

$500,000 whole and universal life quotes - to ages 90, 95, and 100

These guaranteed universal life insurance quotes for ages 90-95 and 100 are only an example to get you thinking.  

It is very possible that your guaranteed rate (if you qualify) could be better than what we've quoted below, especially if your guaranteed issue age is younger than 90.

It may make sense to buy a guaranteed policy if: You would like the security of knowing that you will be able to get coverage even if you have pre-existing medical conditions (with guaranteed universal life insurance).

$500,000 Cost of Whole Life and Universal Life Insurance to Age 90, 95, and 100 Years Old

If you want a guaranteed return on your premium (with income riders). If you need coverage before age 95 or 100.

Your guaranteed issue age must be under 80 in order to buy this type of policy, but with preferred rates it's possible to get guaranteed whole life insurance quotes under 70 years old.

Guaranteed universal life insurance can be expensive, sure. You may pay more for guaranteed coverage than you would if you were healthy enough to qualify for standard health rates, but guaranteed rates are still much cheaper than un-guaranteed 'standard' rates (if you're able to get approved at all).

Notice that guaranteed universal life insurance quotes ages 90 95 and 100 here are very affordable . These guaranteed universal life upgrades keep your premium payment the same for up to 5 years without an increase! This is because guaranteed policies know they will not make any money on your investment returns or dividends like insurers do with fully-loaded guaranteed indexed life (GIL) policies.

$500,000 LIFE INSURANCE POLICY Universal GUARANTEED TO AGE 100

500K Guaranteed Age 95

Male

Female

Age 30

$2,035.01

$1,008.00

Age 40

$2,925.70

$2,391.02

Age 50

$4,111.57

$3,506.94

Age 60

$7,007.52

$5,858.23

Age 70

$13,588.41

$11,394.80

*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 $500,000 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 $500,000 Term Life Insurance Policy.  Get a quote from us today to ensure you're getting the lowest rates.

$500,000 LIFE INSURANCE POLICY Universal GUARANTEED TO AGE 121

500K Guaranteed Age 95

Male

Female

Age 30

$2,035.00

$1,758.57

Age 40

$3,194.62

$2,790.40

Age 50

$4,696.37

$4,243.01

Age 60

$7,929.94

$7,050.69

Age 70

$14,826.36

$12,929.00

*It is possible to estimate the costs for additional ages by averaging the costs of the two ages for a $500,000 Guaranteed to age 121 life insurance policy to get estimated rates for Age 25, Age 35, Age 45, Age 55, Age 65, and Age 75. 


Lightning Fast No Exam Life Insurance

no exam life insurance:  how much does a $100,000 policy cost with no medical exam?


A life insurance policy with no medical exam is an inexpensive life insurance policy that consists of life insurance coverage without a heart exam, life insurance doctor's visit or life insurance blood test.

No medical exam life insurance policies cost more because they save you time and money by skipping the physical examination process. Although it is still possible to be denied a life insurance policy for health reasons, many customers can get affordable term life cover in as little as 15 minutes. In addition to saving you time, no medical life insurance policies may also give you access to cheaper life cover rates than what you would get from a traditional life plan with a medical exam. 

$500,000 15 YEAR No Medical Exam TERM LIFE INSURANCE POLICY

500K 15 Year Term No Exam

Male

Female

Age 30

$16.11

$14.95

Age 40

$22.91

$19.94

Age 50

$64.68

$47.89

Age 60

$157.00

$109.90

*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 $500,000 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 $500,000 Term Life Insurance Policy. Get a quote from us today to ensure you're getting the lowest rates.

View our review or click for a quote below of our favorite no exam company. 

Ladder Life Insurance Logo

Ladder Life Insurance

Best for:  No-Exam Plans Up to Age 60

Ladder is known for a quick and easy online application with no medical exam required in many cases.  They have 10, 20, and 30 year plans.  They offer the most coverage without an exam in the industry. Coverage amounts start at $100,000 and go as high as $8 million.


Can i get $500,000 of guaranteed issue life insurance?

Imagine that you have guaranteed life insurance and nothing bad happens to you, but then you become seriously ill or injured. If there were no guaranteed life insurance, your beneficiaries would not receive anything because the policy would have ended or lapsed before your death due to no claims being made on it. However, guaranteed life policies make sure that this does not happen since they guarantee coverage for a certain period of time (usually twenty-five years), even if nothing bad should happen to the insured person during this period. For this reason, guaranteed life insurance is popular with people who wish their loved ones to be provided for that have preexisting conditions. 


Seniors Life Insurance Cost for $100,000

HOW MUCH IS $500 tHOUSAND Life Insurance POLICY FOR SENIORS?


Anyone who has life insurance knows it is not easy to get if you are older than 65.The question of life insurance at age 65 or 70 becomes critical when there are dependents depending on your life insurance coverage, if you have a family history of life-threatening medical conditions and other factors that make the risk higher.

Life expectancy for seniors is problematic in our society because life expectancy is going up so fast illness patterns change so rapidly and older people put more strain on health care cost projections according to this recent report from USA Today. The problem starts with life expectancy figures commonly used to determine life insurance rates for senior citizens but these numbers don't consider many important variables such as obesity, smoking habits, cancer screening programs, effective treatments and other

AIG Direct Life Insurance Logo

AIG Direct

Best for:  Lowest Rates or Health Conditions

AIG Direct offers a range of custom term plans up to 35-year term as well as return of premium, and permanent plans that build guaranteed cash value.  Their rates will beat just about anyone if you take an exam.  They're also terrific if you take medication or have health issues.

What's the Average Price of $100,000 of Life Insurance

wHAT'S THE aVERAGE PRICE FOR $500K OF LIFE INSURANCE?

The average cost of life insurance varies depending on the type of policy that is purchased, the age of the beneficiary, tobacco usage and whether or not there are any preexisting conditions.

The average cost also depends on the type of insurance company that is chosen. In general, average life insurance costs start between $15 and $30 a month for a short term policy valued in the six-figure range or more.

Insurance companies have specific underwriting procedures when selling a life insurance policy. The insured person, in most cases a healthy 25–year-old male must pass an exam to show his overall health. Once passed he becomes eligible to be issued a policy where he will pay premiums that are determined from the average price of these policies from each state's average rate that was filed with regulators according to age and tobacco usage. Although this average rate exists, there is usually about a 300% difference in premium prices for any individual. 



Not sure where to start?

Answer 5 questions and we'll match you to the perfect plan


comparing $500,000 to $50,000 or $100,000 of coverage

Lalor or I should write this section as it will be about banding and rates at different amounts.

Can you pull in similar quotes from other articles we have on 50k, 100k, and 500K and show them side by side.

You'll see $50K usually costs almost as much as 100k and 500k does NOT cost 50% more.  That's b/c more options/companies offering 100K policies.  Many don't go down as low as 50k.  

As for 500K not costing 50% more it's b/c you have certain baked in costs to buy a policy like the cost of underwriting and getting a medical exam done and policy fees.  That's the same cost for 100k or 500K.  

LIFE INSURANCE MADE EASY

Select Your State for an Instant Quote

Comparing the Best Companies That Offer $500,000 Policies

Grab one quote table from Lalor's long ass 6 company comparison article and delete the rest - https://www.screencast.com/t/EFuuKo4p 

$500,000 15 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

$16.45

$22.91

$64.68

$167.61

Ladder

$24

$32

$81

N/A

Bestow

N/A

N/A

N/A

N/A

Ethos

$24

$39

$89

$157

Fabric

$24.26

$36.18

$77.10

$231.66

Sagicor

$16.11

$23.08

$69.34

$226.92

How to Compare Companies:

Insurance companies are NOT all the same.  

Some are more lenient on certain health issues, some focus on a no-hassle application without an exam, some are financially stronger than others, and their pricing varies a LOT!  

The smartest move is to get quotes from two or three companies and compare the pros & cons of each.


Written by:  Chris Lalor

Leave a Reply

Your email address will not be published. Required fields are marked

{"email":"Email address invalid","url":"Website address invalid","required":"Required field missing"}