Cheap Life Insurance Options for 52 Year Olds

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Term Life insurance quotes for 52 year old maleWe’ve lost so many great talents way too young at age 52 – Roy Orbison, Frank Zappa, Harry Nilsson, Christopher Reeve (Super Man) and Grace Kelly to name a few.  I’m sure we all know someone in our circle of family and friends as well.

Life is short and tomorrow is promised to no one.  Making sure your family is unaffected financially if you were to pass unexpectedly is so important and I know that’s why you’re reading this.

Lots of people who are over 50 and looking to buy life insurance are victims of the misconception that they can’t afford it. They think that life insurance increases a lot when they enter their 50s, which is true although life insurance will increase every year no matter what age you are.

Life insurance is the best safety net that you can ever purchase for your loved ones. It’s one of the few ways that you can guarantee that your family has the money that they need, even if something tragic were to happen to you.

This article is going to look at some of the different options for life insurance coverage. We know that shopping for the perfect insurance policy is not a fun task, but that’s why we are here to help.

There’s not any acceleration of these price increases when you hit your 50’s.

In fact go ahead and run and instant quote here.

The reality of it is that your insurance rates are based on your current health condition and the older you get the more issues are likely to arise and affect the price of your insurance policy.

Another reason that people in their 50s take out life insurance policies is to supplement their income during their critical income earning years if something unexpected were to happen. Since you are likely to still have some sort of debt or mortgage at this age it would not be fair to put that financial burden on your family, especially right when they are grieving your death. A life insurance policy will protect them from that burden.

Cheap Term Life Insurance Quotes for 52 Year Olds

To help you start out in your search for life insurance quotes, we have prepared the following table of sample rates that you might expect to pay for life insurance. Keep in mind though that these are just samples and since rates can fluctuate you are advised to check the current rate using our online tool.

Also, the rates below are for NON-SMOKERS. If you do smoke, expect the rates to be double.

Term life insurance for a 52 year old male “Preferred” health class (minor or no health issues), monthly rates:

                         $50,000  $100,000  $250,000  $500,000  $1,000,000
10 year term        $15         $18           $36           $67            $126
15 year term        $19         $25           $49           $91            $177
20 year term        $22         $32           $60           $116          $219

Term life insurance for a 52 year old male “Standard” health class (controlled health issues), monthly rates:

                         $50,000  $100,000  $250,000  $500,000  $1,000,000
10 year term        $21         $25           $53           $99            $192
15 year term        $27         $33           $73           $140          $261
20 year term        $31         $44           $93           $187          $356

Term life insurance for a 52 year old female “Preferred” health class (minor or no health issues), monthly rates:

                        $50,000  $100,000  $250,000  $500,000  $1,000,000
10 year term        $12         $15           $29          $53             $95
15 year term        $16         $18           $36          $65             $118
20 year term        $18         $23           $45          $85             $162

Term life insurance for a 52 year old female “Standard” health class (controlled health issues):

                        $50,000  $100,000  $250,000  $500,000  $1,000,000
10 year term       $17         $18           $36           $66            $126
15 year term       $19         $25           $54           $100          $186
20 year term       $24         $32           $72           $133          $254

How to Save Money on Your Life Insurance

Since cost is usually the deciding factor in most big decisions, it is no surprise to us that people are always looking to find the cheapest life insurance policy. Our suggestion to those people is to get in contact with one of our independent life insurance agents who can access all the top-rated life insurance companies.

We represent over 60 different life insurance companies but we don’t ever play favorites with any of them. Our interest is not giving business to them, but instead to get you the best rate we can.

If you are in good health then we recommend you start out by using our free online tool that will help you find a quote. All this information is up-to-date and you can have a quote back to you in under a minute.

If you have something atypical in your medical history whether past or present, then you will need to work with an agent only. They’ll ask you a few questions about your health and then will shop the information around to different carriers. Since every company has a different way of assessing risk, we will need to contact each one individually to find you the best rates.

Don’t worry though, we do this every day so we are guaranteed to get you the best rate possible.

Another way that you can save life insurance coverage is to cut out any tobacco that you currently use. If you’re a smoker, then you can expect to pay drastically higher rates for your life insurance coverage. In fact, smokers are going to pay at least twice as much for their insurance coverage. With some insurance companies, you’re going to pay three times more than a non-smoker.

Another way that you can save money is to improve your overall health. Before the insurance company approves your application, they are going to require that you take a medical exam. The results of the medical exam are going to play a huge role in how much you pay every month. If you want to save money, then you need to get better results. It’s as simple as that. The two best ways that you can do that are to get regular exercise and make healthy food choices.

May the BEST quote win!

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Choosing the Best Life Insurance Policy At Age 52

Start off by asking yourself why you are looking for life insurance in the first place. Is it to keep your family from being financially burdened if you were to pass away, or is it to cover your burial cost another final expenses? Your answers to these questions will help you figure out which type of insurance will be best for you.

When it comes to term length, think about how long you will need the policy for. Some people take out a policy that lasts until they retire while others choose one that lasts until they are deceased.

One thing that many 52 year old people do is to take out a life insurance policy until they retire while also purchasing a burial insurance policy that stays the same rate for as long as they are alive.

A good example of this is a 52-year-old person taking out a 15 year policy that will get them to the age of 67 when they retire. Then they also have the burial insurance in place which will be quite inexpensive since they bought it so early.

We understand most people are worried about their budgets, but it is much better to have some sort of coverage then no coverage at all. Try to find something affordable and within your budget that will also help your family.

Two Other Types of Policies to Consider

For people in their 50s whole life insurance can be very expensive. If you only need to cover your burial and other final expenses it can be very cheap though. Many people will take out a policy for $10,000-$25,000 that requires no medical exam and the payments are the same for the rest of your life.

Another good option is guaranteed universal life insurance which is a much more permanent answer that lasts until the day that you die. It is more expensive, but you can’t put a price on peace of mind.  You can run quotes on our website for guaranteed universal life insurance, otherwise known as “term for life”.

with either of these you are best off by purchasing a policy as soon as you can.  A person who is 57 and interested in purchasing permanent life insurance will pay a lot more than a 52 year old.  So getting a policy early will make a huge difference in how much you pay monthly.

Bottom Line

We definitely understand that your life insurance needs to be affordable. Your best bet to find a cheap plan is to use an independent insurance agency, like ourselves who can help you compare all of your options.

If you have any questions at all please do not hesitate to reach out to us, we are here to help. Also don’t forget to use the free tool to compare rates. Every life insurance company is different, and all of them are going to give you different rates depending on which company that you contact. Every company has different medical underwriting and rating systems, and that means that you could get drastically varying rates.

Because you never know what life is going to throw at you tomorrow, you shouldn’t wait any longer to get the life insurance coverage that your family deserves. If something tragic were to happen to you, and you didn’t have life insurance protection, your family would be stuck with all of your debts and other final expenses. Losing a family member is never going to be easy, but those debts are going to make the situation a thousand times worse.

If you have any questions at all please do not hesitate to reach out to us, we are here to help. Also don’t forget to use the free tool to compare rates.

About Jeff Root

is the owner of He's an independent life insurance agent who has helped 1,000's of consumers purchase life insurance online and over the phone.

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