25 – 50 Million Dollar Life Insurance Policy Cost
Posted in Life Insurance Face Amount last updated on April 3, 2024If 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)
Business Succession
Business Partnership
Buy-Sell Agreement
Stock Redemption
Divorce Agreement
Charitable Bequests
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.
- A $25 Million 10-year term life insurance policy can cost as low as $6,201 in annual premiums
Term Life Insurance
| Coverage Amount | Insurance Company | Premium |
|---|---|---|
| $25 Million | Corebridge | $524 month |
| $25 Million | Pacific 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 Million | Lincoln Financial | $825 month |
| $25 Million | Banner Life | $863 month |
| $25 Million | State Farm | $941 month |
(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.
- A $25 Million guaranteed universal life policy (GUL) fixed to age 121 cost as low as $147,190 in annual premiums
| Coverage Amount | Insurance Company | Premium |
|---|---|---|
| $25 Million | Protective Life | $11,950 month |
| $25 Million | Nationwide | $12,885 month |
| $25 Million | Pacific 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 |
(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 Million | Prudential | $821 month |
| $30 Million | Mutual of Omaha | $959 month |
| $30 Million | Lincoln National | $989 month |
| $30 Million | Banner Life | $1,034 month |
| $30 Million | State Farm | $1,128 month |
(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 |
(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 Million | Pacific 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 Million | Prudential | $956 month |
| $35 Million | Mutual of Omaha | $1,119 month |
| $35 Million | Lincoln National | $1,153 month |
| $35 Million | John Hancock | $1,700 month |
(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 Million | Protective 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 |
(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 Million | Pacific Life | $844 month |
| $40 Million | Nationwide | $881 month |
| $40 Million | Protective Life | $955 month |
| $40 Million | MassMutual | $980 month |
| $40 Million | North American | $991 month |
| $40 Million | Transamerica | $1,090 month |
| $40 Million | Prudential | $1,092 month |
| $40 Million | Mutual of Omaha | $1,278 month |
| $40 Million | State Farm | $1,502 month |
| $40 Million | John Hancock | $1,942 month |
(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 Million | Protective 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 Million | Cincinnati Life | $25,936 month |
| $40 Million | AIG | $31,016 month |
(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 Million | Pacific 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 Million | Prudential | $1,228 month |
| $45 Million | Mutual of Omaha | $1,437 month |
| $45 Million | Lincoln National | $1,480 month |
| $45 Million | Banner Life | $1,548 month |
| $45 Million | John Hancock | $2,184 month |
(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 Million | Protective Life | $21,510 month |
| $45 Million | Nationwide | $23,193 month |
| $45 Million | North American | $25,357 month |
| $45 Million | Cincinnati Life | $29,177 month |
| $45 Million | AIG | $34,893 month |
(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 Million | Pacific 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 Million | Prudential | $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 Million | State Farm | $1,876 month |
(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 |
(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
