How Much Does A $50k Term Life Insurance Policy Cost?

$50k Term Life Insurance Policy, term life, whole life and no-exam 2024

Brian McHale last updated on March 15, 2024

A $50k ($50,000) term life insurance policy is a popular amount of coverage in the United States today. Life insurance proceeds are income tax free, therefore a $50,000 policy is the ideal amount of coverage for many are looking for to replace their income or cover outstanding debts such as a mortgage in the event of a premature death.

$50k term life insurance is ideal for:

Final expenses
Mortgage protection
Pay off outstanding debts
Pay off education loans
Income protection
Estate Planning
Peace of mind

Below are the best $50k term life insurance rates for a 10, 15, 20, 25, 30 year level (fixed) term for the four main health classification classes, Preferred Plus, Preferred, Standard Plus and Standard.

Sample Rates for $50k 10-Year Term

Below are the sample monthly rates for a $50,000 10-year level term life insurance policy for the four main health classes.

Age	Preferred Plus	Preferred	Standard Plus	Standard
25	$7	$8	$8	$8
30	$7	$8	$8	$8
35	$7	$8	$10	$10
40	$8	$9	$11	$12
45	$10	$12	$14	$16
50	$12	$15	$20	$21
55	$18	$21	$25	$29
60	$28	$33	$42	$43
65	$44	$52	$70	$72
70	$71	$85	$117	$121
75	$124	$150	$169	$169

_{$50k 10 Year Term Rate Chart by Age and Health Class}

Sample Rates for $50k 15-Year Term

Below are the sample monthly rates for a $50,000 15-year level term life insurance policy for the four main health classes.

Age	Preferred Plus	Preferred	Standard Plus	Standard
25	$7	$8	$9	$9
30	$7	$8	$8	$8
35	$7	$8	$10	$10
40	$8	$9	$11	$12
45	$10	$12	$16	$16
50	$12	$15	$20	$21
55	$18	$21	$25	$29
60	$28	$33	$42	$43
65	$44	$52	$70	$72
70	$71	$85	$117	$121
75	$124	$150	$169	$219

_{$50k 15 Year Term Rate Chart by Age and Health Class}

Sample Rates for $50k 20-Year Term

Below are the sample monthly rates for a $50,000 20-year level term life insurance policy for the four main health classes.

Age	Preferred Plus	Preferred	Standard Plus	Standard
25	$8	$9	$9	$9
30	$8	$9	$9	$9
35	$8	$9	$12	$12
40	$9	$11	$15	$15
45	$13	$15	$21	$21
50	$18	$21	$29	$29
55	$28	$33	$42	$42
60	$46	$58	$67	$67
65	$83	$92	$113	$113
70	NA	NA	NA	NA
75	NA	NA	NA	NA

_{$50k 20 Year Term Rate Chart by Age and Health Class}

Sample Rates for $50k 25-Year Term

Below are the sample monthly rates for a $50,000 25-year level term life insurance policy for the four main health classes.

Age	Preferred Plus	Preferred	Standard Plus	Standard
25	$10	$12	$12	$12
30	$11	$12	$12	$12
35	$11	$12	$13	$13
40	$14	$16	$17	$17
45	$19	$21	$26	$26
50	$28	$31	$36	$36
55	$45	$50	$57	$57
60	$79	$83	$83	$83
65	NA	NA	NA	NA
70	NA	NA	NA	NA
75	NA	NA	NA	NA

_{$50k 25 Year Term Rate Chart by Age and Health Class}

Sample Rates for $50k 30-Year Term

Below are the sample monthly rates for a $50,000 30-year level term life insurance policy for the four main health classes.

Age	Preferred Plus	Preferred	Standard Plus	Standard
25	$10	$12	$13	$13
30	$11	$12	$14	$14
35	$12	$14	$15	$15
40	$15	$17	$21	$21
45	$20	$26	$28	$28
50	$30	$38	$42	$42
55	$56	$64	$65	$70
60	NA	NA	NA	NA
65	NA	NA	NA	NA
70	NA	NA	NA	NA
75	NA	NA	NA	NA

_{$50k 30 Year Term Rate Chart by Age and Health Class}

Sample Rates for $50k 10-Year Term No Medical Exam

Below are the sample monthly rates for a $50,000 no medical exam 10-year level term life insurance no medical exam policy for the four main health classes.

Age	Preferred Plus	Preferred	Standard Plus	Standard
25	$7	$8	$8	$8
30	$7	$8	$8	$8
35	$7	$8	$10	$10
40	$8	$9	$11	$12
45	$10	$12	$14	$16
50	$12	$15	$20	$21
55	$18	$21	$25	$29
60	$28	$33	$42	$43
65	$44	$52	$70	$72
70	$71	$85	$117	$121

_{$50k 10 Year Term Rate Chart by Age and Health Class}

The rates in the tables above are from some of the nation’s top life insurance companies: Pacific Life, Protective Life and Transamerica To see how much a $50k term life insurance policy, no medical exam or whole life insurance (permanent life insurance) will cost you please use our instant quote engine.

Bottom Line

The best rates for a $50k term life insurance policy are affordable if you select the right carrier based on your age and health. Each life insurance company in the United States has their own underwriting guidelines and rates so it’s important to compare rates from several top insurers to make sure you are receiving the best deal. This will allow you to stretch your life insurance dollar to get the most coverage at the best price.

FAQ

Are Life Insurance Proceeds Taxed?

Life insurance proceeds are generally income take free, unless the insured is subject to estate taxes

How Much Is $50k Term Life Insurance?

Rates range from $7 month to $294 month, depending on age, term and health class.

Is a Medical Exam Required?

It will depend on the insurance company, your age, policy type and last time you had a checkup.

Instant $50k Life Insurance Quotes

Not Sure Which Life Insurance Health Class You Qualify For?

Take a look at our articles on the four main life insurance rate (health) classes:

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