30 Year Term Life Insurance [Ultimate Guide & Rates]

If a 30 Year Term Life Insurance Policy is the best option for your senior needs, you are unsure why you are reading this. Let me explain why that might be a great idea if that’s the case.

The reality is that neither our health nor our financial situation can be predicted by life.

But, having a plan of action and being organised can make all the difference in the world. For example, having enough money saved up can save you from worrying about outliving your assets or leaving unpaid debts for surviving family members.

There are several things to take into account when deciding whether or not 30-year term insurance is the correct choice for you, and we will go over them in this post.

This page contains all the information you need to know about 30 year term life insurance rates.

What Is a 30 Year Term Life Insurance Policy

We will go into great detail about 30 year term life insurance quotes in this article. The greatest life insurance plan for a 30-year-old with a family is this one. Ultimately, it will pay for a mortgage, replacement income, and even education expenses.

So, yes, it is still feasible to purchase affordable term life insurance with a 30 year term insurance policy. In fact, some of the top no exam life insurance firms will grant you a no medical exam 30yr term policy if you are 55 years of age or younger and in exceptionally good condition.

You read that correctly; you may obtain immediate term life insurance quotes, submit an application, and receive approval. In fact, Sagicor offers up to a million dollars and has of of the lowest safe harbour term prices.

Moreover, SBLI offers no-exam life insurance quotations up to $500,000.

Again, if you have any health problems, you won’t be able to get any non-exam life insurance policy. You can purchase a 10 year, 20 year, or 30 year term life insurance coverage if you’re under the age of 55.

We are all aware that age and health play a role in term life insurance rates. Also, if you have to take an exam, your medical records, prescriptions, and MIB will all be checked. Generally, the majority of insurance companies offer this underwriting procedure.

Hence, if you asked yourself or a life insurance agent if you would be covered if you purchased affordable life insurance today and passed away tomorrow, the answer is YES as long as you were honest. If the insured passes away in this scenario, the recipient will get the death benefit entirely tax-free. in contrast to the guaranteed-issue life insurance, which has a two-year waiting period.

How To Get A 30 Year Level Term Life Insurance Quote

The most affordable long-term life insurance currently offered is the 30-year term life insurance premium.

As long as you continue to pay the premiums, term life insurance will offer level premium payments with a temporary death benefit coverage.

Nevertheless, how much life insurance is provided and how long is the term? This typically takes place over a period of 5, 10, 15, 20, or 30 years and does not accrue or develop cash worth. The information that follows will be focused on 30-year term life insurance. Ask your independent agent now if you’re unsure!

Considering term life insurance, thirty years is a considerable amount of time. We often advise purchasing the longest life insurance policy you can afford because death has a higher likelihood of occurring in 30 years than, say, 10 or 20. Nevertheless, the longer the policy, the more expensive it is per month.

Also, 30-year term life insurance plans will be far less expensive if you purchase them in your 30s as opposed to purchasing a 15-year term policy when you are older.

A customer between the ages of 25 and 47 would benefit most from a 30 year life insurance policy. The most economical years to do it are right now.

For instance, I virtually shout to get a 30-year term policy whenever I speak to a new client under the age of 30. The best price for a 30 year term life insurance policy is now, which is the reason.

Also, most buyers under the age of thirty believe that whole life insurance is the best option. The same clients phone me in their late thirties and ask why they have ever bought anything in their lives.

Additionally, it’s best to be upfront about the different types of coverage and explain term vs. whole life for someone that age.

You want to protect your family as affordably as possible when you first establish one.

When you require a lot of it, cheap life insurance is affordable.

You might need to make sure your spouse has a little financial cushion in the case of your passing. You might also need to pay off your mortgage, cover your child’s education expenses, or both.

What Are The Best 30 yr Term Life Insurance Rates

Why not buy $10,000 in term life insurance with $1,000,000 in coverage? Again, I don’t want to go over the topic of age again because we will discuss it more in this article, but I think the 1 million 30 year term life is the greatest option.

Keep in mind that the family you help will need to carry on without you. You should take some time to consider what your family will need if you pass away.

PinnacleQuote keeps things very straightforward. We boil it down to two crucial points:

  • Age of the youngest child, as they are the most financially dependent on you in this world.
  • Your income, as if you were to pass away tomorrow, your salary would also.

Even a 500k 30-year term life insurance policy is an option.

Let’s use a 35-year-old primary breadwinner who earns $100,000 each year as an example. The youngest of her/his four children is only two years old.

How much money would the family lose if the main provider died tomorrow?

About 20 years will pass before the youngest child graduates from college. In this case, 15-20 times the income would be my suggestion for adequately protecting the family. Also, I want to kill two birds with one stone.

30 Year Term Life Insurance Rates By Age

It is obvious from the information provided above when the ideal time to purchase life insurance is. The sooner you reach 30 years old and the younger you are, the more money you will save.

Also, I advise my clients—particularly the ones under the age of 40—that if done correctly, they won’t ever have to go through this again. It is crucial to understand the effects of age-based differences in life insurance rates.

In fact, as an independent agent, I frequently receive calls from clients who lament that they wish they had waited another ten years. To these clients, I always respond, “Well, it could be worse—you could have waited another five or ten years.

As you can see from the chart above, prices start to significantly surge at AE 30. Use the floating life insurance calculator on the left to learn the prices for a 30-year term at various ages.

All Rates For 30yr Term Life Insurance ages 18-59

In general, purchasing term life insurance for 30 years will protect you until retirement, when the kids have moved out, and hopefully, when the majority of your bills have been paid off. The best term life insurance rates are actually available to you for this period of time the younger you are.

The most affordable term life insurance rates for 30 year term life quotes are listed below. These quotes come from term life insurance providers with A/A+ ratings that we have carefully examined. Additionally, the carriers offering these rates have excellent customer service and built-in features like expedited death benefits.

Layering Term Life Policies

By that, I mean using a single policy to cover both the cost of the last child’s college education and retirement at age 65.

You can get there with a 30-year term. Also, layering term insurance policies might help you save up to 50% on premiums. That would necessitate policies with varying term durations, such as a $50,000 20 or 30 year term life insurance policy and a $1,000,000 10 year term policy.

What Does Level Term Insurance Mean

As long as your premiums are paid, a 30-year term life insurance policy guarantees you 30 years of life insurance protection.

Term life insurance, unlike permanent policies like whole life, pays you the death benefit only “If” you pass away within the specified time period. When you die, permanent is for you. The cheapest long-term coverage you can purchase for your family’s financial security is a 30-year term life insurance policy.

How much does 30-year term life insurance run you? We’ll categorise it below by decade. To see quotes instantly, use the 30-year term life insurance calculator and quote tool on the left.

30 Year Level Term Life Insurance Coverage

The most crucial thing is that you have life insurance coverage of any kind. You’re taking a significant risk if you don’t have it.

If you were to pass away suddenly, your family would be left to cover any outstanding obligations, mortgages, and funeral costs.

Additionally, a life insurance policy can pay particular expenses like your children’s college tuition and replace any income you might be receiving.

You can just stop making the payments if you decide at some moment that you no longer desire your 30-year contract.

While having a detailed plan can help you feel more secure, you shouldn’t feel obligated to stick with it.

You won’t be exposed to utilising life insurance as an investment, and the 30-year term life insurance policy is more reasonable than a permanent one.

Why A 30 Year Term Life Insurance Is Great For A 30 Year Old

If you have put off getting life insurance and you are in your 30s, now is the time to do it.


You probably have small kids. You want to ensure that they graduate from high school, go on to college, and possibly get married.

If your mortgage is paid off, you might choose to switch to a different kind of insurance coverage, like a simplified whole life insurance policy or burial insurance.

How Can I Get A Cheap 30 Year Term Life Insurance Plan

You can take a number of actions to lower the cost of your life insurance.Certainly, having good health is beneficial in addition to other things. See some of our advice below:

  • Know what’s out there — Do your research before choosing the first life insurance provider you speak with. Compare many quotes for life insurance from several providers instead. To find out which businesses offer the best life insurance, conduct some research. With regard to term, whole, or universal long-term life insurance plans, A.M. Best is a rating firm that offers helpful ratings and reviews on insurance providers. Whether long, comprehensive, or global policies
  • Improve your general health before applying — Before applying, work on your overall health because your medical history counts! You must have a medical examination in order to qualify for a low-cost 30-year term life insurance plan. The results of this examination will aid the life insurance provider in estimating your level of risk. To get the best rates, you’ll need to take this exam in peak condition. Exercise, eat well, eliminate extra weight, and take steps to lower your blood pressure before submitting an application. Your level of daily activity will be taken into consideration by carriers when determining your eligibility.
  • Quit tobacco products — Give up smoking because life insurance is typically two to three times more expensive for smokers. Smokeless tobacco use will also increase your rates. One of the finest things you can do to minimise the cost of your life insurance is to give up before applying.You should be younger than 50 in order to qualify for the most cheap 30-year term insurance.

What If I Have Pre-Existing Medical Conditions 

Many patients with pre-existing diseases, including as diabetes, are concerned that they could not be eligible for a 30 year term insurance plan. This is absolutely untrue, though. There are always options for insurance.

Several medical underwriting procedures are used by life insurance firms. You may learn which businesses have a reputation for being more understanding of various problems by doing a little research. This will greatly increase the likelihood that you will be approved for coverage.

Since that most insurers provide them, you might also think about include long-term care riders in your policies. Inquire about riders with your independent agent.

30 Year Term Life Insurance No Medical Exam 

Also, a no medical exam life insurance policy is always a possibility. For instance, you can obtain coverage with a guaranteed acceptance life insurance policy regardless of your health (s).

Life insurance policies without a medical exam have advantages beyond just guaranteed acceptance. Also, they have a simpler application process, and after applying, your coverage will start right away.

There are times when it simply takes a day or two for you to be accepted. So, it’s a wonderful choice for those who need life insurance right away. But, be aware that these plans will cost extra money.

We provide some of the top no-exam term insurance products available. Most cases are accepted within a few days. Some of our top no exam carriers are listed below. Most only require a quick eAPP over the phone, and you have your policy in hand within days. Wow, that was swiftly!

The Top No Exam Carriers on PinnacleQuote: There are many different types of insurance policies available. Making sure you save money is our responsibility.

That the underwriting procedure proceeds without a hitch, that the monthly cost of your life insurance premium is manageable, and that the amount of life insurance you and your family require is appropriate given your financial obligations and available funds.

  • Term for Sagicor Non-MED, sentences of up to 10 years and $500,000
  • Safe Harbor Term Phoenix Up to $500,000, no exam
  • national-signature term for America Up to $250,000 in Non-Med Living Benefits
  • No exams up to $1,000,000 in North America, however there are some restrictions
  • Level SBLI Term Up to $500,000
  • Foresters: You have a $400,000 term without an exam (Living Benefits)
  • Living Benefits Term up to $250,000 with Ameritas-FLX (Living Benefits)
  • RD Expedited Non-Med up to $250,000 from Fidelity Life
  • Term Life Express from Mutual of Omaha, up to $250,000.

Carriers For 30 Year Term Life Insurance Instant Quotes 

Your 30-year term life insurance rates take a number of factors into account, as we have already mentioned.

The pricing you might anticipate for your monthly premiums on a $500,000 30 year term life insurance policy are demonstrated in the examples below.

Men (based on Banner Life rates):

  • Age 25: about $29 per month
  • Age 35: around $38 per month
  • 45 years old: around $82 per month

For females (using American General rates):

  • Age 25: about $24 per month
  • Age 35: about $32 per month
  • 45 years old: around $64 per month

Protective Life, AIG, SBLI, Principal Life, Foresters, Assurity Life, Lincoln Financial, John Hancock, and Fidelity Life are more businesses to take into account.

The rates you receive may, of course, be higher or lower than these ranges, but you get the idea. Men must pay more than women, and costs rise as people get older.

Consider merely purchasing burial life insurance to cover final costs if term life insurance is too expensive.

Remember that these policies include living benefits life insurance. irrespective of the level of coverage or lifespan. See below!

Best 30 Year Term Life Insurance Policy Carriers

The most important thing to look for when purchasing a 30-year term life insurance policy is a financial strength rating of A or higher from a reputable rating agency like AM Best and/or JD Power and Associates.

This is crucial information to consider when choosing a carrier for life insurance, whether it be term, whole, or universal. Let’s face it, you don’t want your family to go after your insurance provider to collect the death benefit if you pass away.

Keep in mind that several carriers are vying for your business for the 30-year term. Here are a few very competitive carriers for the next 30 years.

  • Banner Life
  • Lincoln Financial Group
  • Protective Life
  • AIG
  • Principal
  • North American
  • Prudential
  • Foresters
  • Pacific Life
  • Mutual of Omaha

Living Benefits Rider

Life insurance with living benefits and living benefits riders. A critical illness rider, a chronic disease rider, and a terminal illness rider are all included in this kind of benefit. Having this kind of rider is completely free.

30 Year Term For Business Life Insurance 

The operation of a business might occasionally be 24/7. particularly if you are a hands-on owner. Purchasing a life insurance policy with a buy/sell arrangement if you are a young entrepreneur with business partners.

Once more, having company life insurance in place is crucial if you have several business partners.

For instance, if a business has three partners, that represents a 33.3% ownership interest in the business. Who inherits that interest if one of the partners passes away? The 33.3% interest would go to the partner who passed away if they had children or other dependents.

So you would suddenly have a family with a 33.3% ownership or control over a business that they have no prior expertise managing.

An agreement to buy and sell is the answer. This is the time when all partners obtain life insurance policies on one another so that, in the event of a death, the proceeds from the policy would be paid to the business’s heirs.

A 30-year term life insurance coverage would be appropriate here. Some would argue that would be too lengthy because the company’s worth can change. This is accurate, but if the price increases, simply add more policies to make up the difference.

Considering a key man policy is another option. A 30-year term life insurance policy, however, might be too long in my opinion.

Keep in mind that people change, go, and are dismissed. Because of this, you would want the key man life insurance policy to be as inexpensive as possible, and a 10/15/20 year term would be adequate.

More importantly, feel free to contact us at PinnacleQuote (855)380-3300 if you have any queries.


For those who want to lock in a low rate for an extended period of time, the 30-year term life insurance policy is the best choice. Also, it’s ideal for those who don’t want their prices to rise over time. It means you may acquire quotations right away without worrying about price hikes that will probably be older and more expensive than the price of today!

Start by completing the form to the right of this page or by selecting one of the tabs up above. We’ll assist in locating an inexpensive option so you can relax knowing you’re protected. How do you feel? Comment below and let us know which sort of coverage most appeals to you.