Term Life Insurance Calculator 2024

Use our free online term life insurance calculator to see how much coverage you need, how long you need the coverage for and see the real-time term life insurance rates. Our free online term life insurance calculators do not ask for contact or personal information to use.

Term Life Insurance Cost Calculator (Real-Time Rates 2024)

Our free online term life insurance cost calculator shows real-time rates from America’s top life insurance companies instantly without any personal contact information.

Our Term Life Insurance Price Calculator for is Ideal for:

Family protection
Income protection
Mortgage protection
Pay off debt
Final expenses
SBA loan requirement
College loan protection
Estate succession and planning

Term Life Insurance Coverage Amounts

Term life insurance offers price breaks at certain coverage amounts. This is called “price banding” by the insurance companies and they offer better cost-per-thousand rates. Let’s take a look a look at the life insurance price bands.

$100,000
$250,000
$500,000
$1,000,000
$1,250,000
$1,500,000
$2,000,000
All the way up to $50 million

Term Life Insurance Duration Options

The period of time life insurance companies allow to have a fixed premium and coverage amount is called the term. Below are the term options available from most insurers.

10 Year Term
15 Year Term
20 Year Term
25 Year Term
30 Year Term
35 Year Term (only offered by a few insurers)
40 Year Term (only offered by two insurers)

The rates for term life insurance increase for a longer term since there is more risk on the insurance companies part they will have to pay out a claim.

Term Life Insurance Needs Calculator 2024

Our life insurance needs calculator shows you how much life insurance you need and for how long to adequately protect your beneficiaries.

How much life insurance do you need? If you die, the financial impact for your dependents is the loss of the income that you provided. Calculate the lump sum of money needed to provide a replacement income.

Have A Question?

Take a look at our resource articles to answer some of the most common term life insurance questions: