25 – 50 Million Dollar Life Insurance Policy Cost

Best rates in country for life insurance policies between $25 million to $50 million

If you’re in the market for a $25 million – $50 million life insurance policy and want to know which companies have the best rates in the country then you came to the right place.

In this guide, we’ll go over everything you need to know in order to receive the best rates and show you how to choose the right company based on your age and health for a $25,000,000 to a $50,000,000 life insurance policy.

We’ll also provide sample rates to illustrate the 25-50 million dollar life insurance policy cost from the nation’s top life insurance companies.

$25-$50 Million Life Insurance Policy Is Most Commonly Used For:

Estate Planning (Cover estate states- federal and local)

Debt Protection (such as for a mortgage or business debts)

Income Replacement

Business Succession

Business Partnership

Key Person (Key Man) Coverage

Buy-Sell Agreement

Stock Redemption

Divorce Agreement

Charitable Bequests


An irrevocable life insurance trust (ILIT) is commonly used for estate tax savings $25 million to $50 million policies
An irrevocable life insurance trust (ILIT) is commonly used for estate tax savings for a $25-$50 million life insurance policy.


Life insurance proceeds are income tax free. However, if your estate is in excess of the federal $13.61 million for single individuals or $27.22 million for couples threshold in 2024, it will be subject to taxes unless properly structured in an irrevocable life insurance trust, ILIT.

Brian, CEO of PolicyMutual.com

Why Life Insurance

A $25-$50 million life insurance policy will provide instant liquidity for your beneficiary: trust, spouse, children, heirs, business, company or charity when you pass away. And it does this all by providing dollars for pennies apiece.

How Much Does a $25 Million Life Insurance Policy Cost?

Let’s take a look at exactly how much a 25 million dollar term life insurance policy costs. These rates are for a 40-year old male, in excellent health.

Term Life Insurance

Coverage AmountInsurance CompanyPremium
$25 Million Corebridge$524 month
$25 MillionPacific Life$529 month
$25 Million Nationwide$553 month
$25 Million Protective Life$598 month
$25 Million North American$621 month
$25 Million Transamerica $682 month
$25 Million Prudential$685 month
$25 Million Mutual of Omaha$800 month
$25 MillionLincoln Financial$825 month
$25 MillionBanner Life$863 month
$25 Million State Farm$941 month
$25 million term life insurance rate chart

(Rates in the table are for a 40-year old male, D.O.B 3/1/1984, in excellent health, on a 10-year level term.)

Permanent Life Insurance

Let’s take a look at exactly how much a 25 million dollar permanent life insurance policy costs. These rates are for a 40-year old male, in excellent health.

Coverage Amount Insurance Company Premium
$25 Million Protective Life$11,950 month
$25 Million Nationwide$12,885 month
$25 MillionPacific Life$13,500 month
$25 Million American National$14,087 month
$25 Million Cincinnati Life $16,214 month
$25 Million Corebridge (AIG)$19,385 month
$25 million whole life insurance rate chart

(Rates in the table are for a 40-year old male, D.O.B 3/1/1984, in excellent health, for a guaranteed universal life policy (GUL) fixed to age 121.)

How Much Does a $30 Million Life Insurance Policy Cost?

Let’s take a look at exactly how much a 30 million dollar term life insurance policy costs. These rates are for a 40-year old male, in excellent health.

  • A $30 Million 10-year term life insurance policy can cost as low as $7,429 in annual premiums

Term Life Insurance

Coverage Amount Insurance Company Premium
$30 Million Corebridge$653 month
$30 Million Pacific Life$634 month
$30 Million Nationwide$662 month
$30 Million Protective Life$717 month
$30 Million North American$744 month
$30 Million Transamerica$818 month
$30 MillionPrudential$821 month
$30 Million Mutual of Omaha$959 month
$30 MillionLincoln National$989 month
$30 Million Banner Life$1,034 month
$30 MillionState Farm$1,128 month
$30 million term life insurance rate chart

(Rates in the table are for a 40-year old male, D.O.B 3/1/1984, in excellent health, on a 10-year level term.)

Permanent Life Insurance

Let’s take a look at exactly how much a 30 million dollar permanent life insurance policy costs. These rates are for a 40-year old male, in excellent health.

  • A $30 Million guaranteed universal life policy (GUL) fixed to age 121 cost as low as $176,628 in annual premiums
Coverage Amount Insurance Company Premium
$30 Million Protective Life$14,340 month
$30 Million Nationwide$15,462 month
$30 Million American National$16,905 month
$30 Million North American$17,705 month
$30 Million Cincinnati Life$19,454 month
$30 Million Corebridge Financial$23,262 month
$30 million whole life insurance rate chart

(Rates in the table are for a 40-year old male, D.O.B 3/1/1984, in excellent health, for a guaranteed universal life policy (GUL) fixed to age 121.)

How Much Does a $35 Million Life Insurance Policy Cost?

Let’s take a look at exactly how much a 35 million dollar term life insurance policy costs. These rates are for a 40-year old male, in excellent health.

  • A $35 Million 10-year term life insurance policy can cost as low as $8,656 in annual premiums

Term Life Insurance

Coverage Amount Insurance Company Premium
$35 Million Corebridge$731 month
$35 MillionPacific Life$739 month
$35 Million Nationwide$772 month
$35 Million Protective Life$836 month
$35 Million North American$868 month
$35 Million Transamerica$954 month
$35 MillionPrudential$956 month
$35 Million Mutual of Omaha$1,119 month
$35 MillionLincoln National $1,153 month
$35 MillionJohn Hancock$1,700 month
$35 million term life insurance rate chart

(Rates in the table are for a 40-year old male, D.O.B 3/1/1984, in excellent health, on a 10-year level term.)

Permanent Life Insurance

Let’s take a look at exactly how much a 35 million dollar permanent life insurance policy costs. These rates are for a 40-year old male, in excellent health.

  • A $35 Million guaranteed universal life policy (GUL) fixed to age 121 cost as low as $200,760 in annual premiums
Coverage Amount Insurance Company Premium
$35 MillionProtective Life$16,730 month
$35 Million Nationwide$18,039 month
$35 Million American National$19,722 month
$35 Million North American$20,655 month
$35 Million Cincinnati Life$22,695 month
$35 Million AIG$27,139 month
$35 million whole life insurance rate chart

(Rates in the table are for a 40-year old male, D.O.B 3/1/1984, in excellent health, for a guaranteed universal life policy (GUL) fixed to age 121.)

How Much Does a $40 Million Life Insurance Policy Cost?

Let’s take a look at exactly how much a 40 million dollar term life insurance policy costs. These rates are for a 40-year old male, in excellent health.

  • A $40 Million 10-year term life insurance policy can cost as low as $9,884 in annual premiums
Coverage Amount Insurance Company Premium
$40 Million Corebridge$835 month
$40 MillionPacific Life$844 month
$40 Million Nationwide$881 month
$40 Million Protective Life$955 month
$40 Million MassMutual$980 month
$40 MillionNorth American$991 month
$40 Million Transamerica$1,090 month
$40 Million Prudential$1,092 month
$40 Million Mutual of Omaha$1,278 month
$40 MillionState Farm$1,502 month
$40 Million John Hancock$1,942 month
$40 million term life insurance rate chart

(Rates in the table are for a 40-year old male, D.O.B 3/1/1984, in excellent health, on a 10-year level term.)

Permanent Life Insurance

Let’s take a look at exactly how much a 40 million dollar permanent life insurance policy costs. These rates are for a 40-year old male, in excellent health.

  • A $40 Million guaranteed universal life policy (GUL) fixed to age 121 cost as low as $229,440 in annual premiums
Coverage Amount Insurance Company Premium
$40 MillionProtective Life$19,120 month
$40 Million Nationwide$20,616 month
$40 Million North American $22,540 month
$40 Million North American$23,605 month
$40 MillionCincinnati Life$25,936 month
$40 Million AIG$31,016 month
$40 million whole life insurance rate chart

(Rates in the table are for a 40-year old male, D.O.B 3/1/1984, in excellent health, for a guaranteed universal life policy (GUL) fixed to age 121.)

Much Does a $45 Million Life Insurance Policy Cost?

Let’s take a look at exactly how much a 45 million dollar term life insurance policy costs. These rates are for a 40-year old male, in excellent health.

  • A $40 Million 10-year term life insurance policy can cost as low as $11,111 in annual premiums
Coverage Amount Insurance Company Premium
$45 Million AIG$938 month
$45 MillionPacific Life$949 month
$45 Million Nationwide$990 month
$45 Million Protective Life$1,073 month
$45 Million North American$1,114 month
$45 Million Transamerica$1,226 month
$45 MillionPrudential$1,228 month
$45 Million Mutual of Omaha$1,437 month
$45 MillionLincoln National$1,480 month
$45 Million Banner Life$1,548 month
$45 Million John Hancock$2,184 month
$45 million term life insurance rate chart

(Rates in the table are for a 40-year old male, D.O.B 3/1/1984, in excellent health, on a 10-year level term.)

Permanent Life Insurance

Let’s take a look at exactly how much a 45 million dollar permanent life insurance policy costs. These rates are for a 40-year old male, in excellent health.

  • A $45 Million guaranteed universal life policy (GUL) fixed to age 121 cost as low as $258,120 in annual premiums
Coverage Amount Insurance Company Premium
$45 MillionProtective Life$21,510 month
$45 Million Nationwide$23,193 month
$45 MillionNorth American$25,357 month
$45 Million Cincinnati Life $29,177 month
$45 Million AIG$34,893 month
$45 million whole life insurance rate chart

(Rates in the table are for a 40-year old male, D.O.B 3/1/1984, in excellent health, for a guaranteed universal life policy (GUL) fixed to age 121.)

How Much Does a $50 Million Life Insurance Policy Cost?

Let’s take a look at exactly how much a 50 million dollar term life insurance policy costs. These rates are for a 40-year old male, in excellent health.

  • A $40 Million 10-year term life insurance policy can cost as low as $12,339 in annual premiums
Coverage Amount Insurance Company Premium
$50 Million Corebridge$1,042 month
$50 MillionPacific Life$1,054 month
$50 Million Nationwide$1,100 month
$50 Million Protective Life$1,192 month
$50 Million North American$1,237 month
$50 Million Transamerica$1,362 month
$50 MillionPrudential $1,362 month
$50 Million Mutual of Omaha$1,596 month
$50 Million Lincoln National$1,644 month
$50 Million Banner Life$1,719 month
$50 MillionState Farm$1,876 month
$50 million term life insurance rate chart

(Rates in the table are for a 40-year old male, D.O.B 3/1/1984, in excellent health, on a 10-year level term.)

Permanent Life Insurance

Let’s take a look at exactly how much a 50-million dollar permanent life insurance policy costs. These rates are for a 40-year old male, in excellent health.

  • A $50 Million guaranteed universal life policy (GUL) fixed to age 121 cost as low as $286,800 in annual premiums
Coverage Amount Insurance Company Premium
$50 Million Protective Life$23,900 month
$50 Million Nationwide $25,770 month
$50 Million North American $29,505 month
$50 Million Cincinnati Life$32,417 month
$50 Million Corebridge Financial$38,771 month
$50 million whole life insurance rate chart

(Rates in the table are for a 40-year old male, D.O.B 3/1/1984, in excellent health, for a guaranteed universal life policy (GUL) fixed to age 121.)

Agent Tip: It’s important to choose a financially strong company. We only recommend companies that have received an ‘Excellent’ or ‘Superior’ rating from the preeminent life insurance rating agency A.M. Best.

Underwriting

When securing a $25 to $50 million life insurance policy it’s very important to choose the right company based on your health and lifestyle. Each life insurance company has their own underwriting guidelines and will underwrite you differently.

Just a few extra pounds on the build chart, any medications, health conditions, family history, driving record, avocations all can affect which company is going to offer the best rate.  

Choosing the life insurance company that will offer you the best rate based on your underwriting profile can save you tens of thousands if not hundreds of thousands of dollars over the lifetime of a $25 million to $50 million policy.

What Is The Process To Get Approved?

The underwriting process for a $25 million up to $50 million policy is similar as if you were applying a much smaller policy. Most companies will require a 30-minute no-cost paramed exam with a resting EKG (can be done at your home, work or you can go to their office) and the underwriter will request your medical records from your physician. Also, you most companies will have complete a financial questionnaire to illustrate you qualify for the larger policy.

As you can see, qualifying for a larger $25 million-$50 million policy is not much more laborious then applying for a $1 million policy.

Instant Rate Quotes

To see how much a 25 million-50 million life insurance policy cost you based on your age and health, you can use our instant quote engine. The quoter goes up to $10 million but the rates are fairly linear if you multiply to the coverage you are seeking for term life insurance.

Get Personalized Quotes From The Nation’s Top Companies

Being independent, our job is to shop the market to find you the best priced policy from the top highly rated life insurance companies such as: AIG, Pacific Life, Lincoln Financial, Transamerica, Protective Life, SBLI, Mutual of Omaha, Banner Life and Prudential.

We save you time and money by placing you with the best priced carrier. With access to the rates from the nation’s top life insurance companies, coupled with our extensive knowledge and access to the life insurance underwriting guidelines, we always get you the be best price.

No longer are the days where you have to call each life insurance company individually or meet with an agent from each company at your kitchen table to receive a quote from each of the top carriers.


Let Us Do The Shopping From These Top Companies To Find You The Best Rate!

As a high-net worth life insurance broker that specializes in placing large polices for: estate planning, key person coverage, buy-sell agreements, business succession coverage, business partnerships coverage, family protection, income replacement, debt protection, divorce agreements and charitable bequests we will shop the market to find the best rate in the country for your specific profile.

*Please consult your accountant and attorney for any tax or legal advice.

*Rates updated 3/18/2024

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