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Average Life Insurance Rates for Individuals in Excellent Health

Are you in excellent health and looking to find out how much you will pay for a term life insurance policy?

We have done the research for you!

First, have a look at our infographic below showing average life insurance rates for individuals at at various health stages, from excellent to average health, to substandard health.

In our article you’ll learn how much you might expect to pay on your premium for policies ranging from $25,000 to $1,000,000 of coverage for those who are in excellent health, as well as the following…

Next, we’ll reveal the following benefits for individuals in excellent health:

*Learn more about some of the perks life insurers have to offer for those who are in excellent health, and some reasons why you might have to pay a bit more for a policy than you were expecting.

Rates by Health Infographic

average life insurance rates in excellent health

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Life Insurance Advantages for Being in Excellent Health

Whether you are looking for smaller term life insurance policies such as $25,000 or $75,000, or larger policies such as $500,000 or $1,000,000 in coverage, and are in excellent health, you will generally pay a lot less for a policy than those who have more significant health related issues.

Let’s do a quick comparison between what a person in excellent health might pay as opposed to someone who may have a variety of health issues. The ratings for those who are excellent health are generally rated as “Preferred Plus – Non-Tobacco”, and “Preferred – Non Tobacco”.

You can still get very decent rates if you are both a smoker and in excellent health otherwise, but you will definitely pay more for your premium than a healthy non-smoker. Being in excellent health doesn’t mean “perfect health.” You could be considered in excellent health and receive a “Preferred Plus” rating even though you have some very minor and well controlled health issues.

This could health issues such as slightly elevated blood pressure and cholesterol, mild asthma or anxiety, and are an occasional cigar smoker. You would also qualify if your build is normal and are no more than 10 – 15 lbs overweight.

Comparing Pricing for Excellent Health vs. Average Health

In this excellent health scenario and if were 40 years old and buying a 20 year term $250,000 term policy you might expect to pay a monthly rate around:

40 year old male – $25.00 per month
40 year old female – $20.00 per month

What about someone who has health issues and might receive a different rating such as a “Standard – Non-Tobacco”?

A “standard non- tobacco” rating might refers to someone who has an average life expectancy, diabetes, anxiety or depression which are under control, is a recreational marijuana user, and as much as 50 lbs overweight.

In this less than excellent health scenario and if were 40 years old and buying a 20 year term $250,000 term policy you might expect to pay a monthly rate around:

40 year old male – $35.00 per month
40 year old female – $30.00 per month

Let’s start with some life insurance quotes for smaller amounts and for various ages so you have an idea of what you might be paying for quotes such as $25,000, $50,000, $75,000 and $100,000 in excellent health coverage.

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Sample Life Insurance Quotes $25,000 – $100,000 in Excellent Health

10 Year Term Life Insurance Rates

Face Value $25,000 $50,000 $75,000 $100,000
30 Years Old $8.12 $6.13 $7.00 $7.09
40 Years Old $9.60 $7.09 $8.44 $7.79
50 Years Old $10.59 $11.07 $14.42 $12.89
60 Years Old $17.07 $19.34 $26.82 $27.94
70 Years Old $36.45 $53.64 $78.27 $78.27
80 Years Old $206.28 $216.39 $322.39 $356.22

*All quotes are based on a monthly premium and valid as of 4/1/15. Quotes are for a male, in excellent health, non-smoker, and are subject to change.

30 Year Term Life Insurance Rates

Face Value $25,000 $50,000 $75,000 $100,000
30 Years Old $10.35 $14.92 $19.07 $12.85
40 Years Old $13.93 $21.85 $28.58 $17.95
50 Years Old $24.48 $43.78 $63.09 $37.40
60 Years Old N/A N/A N/A N/A
70 Years Old N/A N/A N/A N/A
80 Years Old N/A N/A N/A N/A

*All quotes are based on a monthly premium and valid as of 4/1/15. Quotes are for a male, in excellent health, non-smoker, and are subject to change.

Other Advantages for Being in Excellent Health

Aside from paying much lower rates for your policy, you can also qualify for policies that others can’t such as certain types of “no-exam” policies. No exam policies are ideal for those who are seeking smaller life insurance policies because typically, most insurers only offer lower rates of coverage such as up to a maximum of around $250,000 – $350,000 in coverage. These policies do cost more because the insurer is taking more of a risk to insure you because they have less medical information to rate you. To get approval for these type of policies, all you might have to do is to answer a few questions and can typically get approved within 48 hours or less.

These policies are especially idea for those who need a policy fast such as for a business loan for example. Another advantage of being in excellent health is that if you are applying for a policy which does require a medical exam, you can expect to be approved faster and incur less medical scrutiny such as having to wait for the insurer to receive medical reports form your doctors. The reason is because if you are in excellent health, the insurer isn’t going to waste time or money waiting for records as they will have based their results from your application answers and from the exam itself.

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Average Rates in Excellent Health for $250,000 to $1,000,000

Let’s look at more quotes for higher amounts of term life insurance such as $250,000, $500,000, $750,000 and up to $1,000,000 of coverage for those who are in excellent health.

10 Year Term Life Insurance Rates

Face Value $250,000 $500,000 $750,000 $1,000,000
30 Years Old $9.30 $13.41 $16.87 $20.33
40 Years Old $11.03 $17.46 $22.06 $27.25
50 Years Old $23.79 $41.95 $59.69 $75.69
60 Years Old $61.69 $113.75 $167.38 $210.63
70 Years Old $174.34 $321.93 $478.40 $621.89
80 Years Old $748.35 $1,490.57 $2,232.79 $2,604.36

*All quotes are based on a monthly premium and valid as of 4/1/15. Quotes are for a male, in excellent health, non-smoker, and are subject to change.

30 Year Term Life Insurance Rates

Face Value $250,000 $500,000 $750,000 $1,000,000
30 Years Old $20.13 $34.48 $48.91 $60.53
40 Years Old $29.59 $53.95 $79.70 $102.35
50 Years Old $72.19 $134.35 $198.94 $259.88
60 Years Old N/A N/A N/A N/A
70 Years Old N/A N/A N/A N/A
80 Years Old N/A N/A N/A N/A

*All quotes are based on a monthly premium and valid as of 4/1/15. Quotes are for a male, in excellent health, non-smoker, and are subject to change.

Being in Excellent Health Doesn’t Always Equate to the Best Rates

Even though you might be in excellent health, there are certain conditions where you might expect to pay more on your premium as there are other factors that insurers take into account.

Some of these factors that the underwriter will consider include:

Lifestyle variables such as your driving history,
• Whether you travel outside of the U.S.
Alcohol/drug use/abuse
Family history such as where you have a family member who may have had cancer or heart disease diagnosed prior to age 60
High risk occupations

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You will still get better rates but may have to pay more if some of the above or other relevant factors impact how you are rated. Whether you are looking for smaller polices such as $50,000 or $100,000, or larger policies such as $250,000 or $750,000 in coverage and are in excellent health, and you’d like to learn more, have questions, or need some advice then contact us here at:

JRC Insurance Group (Toll Free) 855–247–9555 today or request a free quote online below.

Free No Exam Life insurance quotes

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