Inexpensive Life Insurance for 49 Year Olds

Life Insurance Quotes for 49 Year OldThe older you are, the more you’re going to pay for life insurance. The insurance carrier is going to base your premiums off of your age (and a dozen other factors).

If you’re almost in your 50’s, you might be avoiding buying a life insurance policy because of the premiums. Luckily, if you’re 49-years-old, life insurance can be more affordable than you might think.

Click here to access a free instant quote from the top rated life insurance carriers.

Regardless of age, we always give the same piece of advice – use our tool to get free insurance quotes from several companies. It’s a quick and easy way to get quotes from a lot of companies all at once.

Also, we suggest our customers read several company reviews. There are 6,000 carriers out there, each of them is different. To get started, you can check out our State Farm Life Insurance Review. 

Buying life insurance isn’t as simple as you might think. There are a lot of factors you need to review and compare. This article is going to dig into the process and give you all the information you need.


Life Insurance Quotes for 49 Year Olds

When anyone starts looking for life insurance, they always start with the same thing: the price.
Nobody wants to buy an expensive plan. Let’s take a look at some rough numbers of what you could pay for life insurance.

Term life insurance for a 49 year old male “Preferred” health class (minor or no health issues), non-smoker monthly rates:

$50,000  $100,000  $250,000  $500,000  $1,000,000
10 year term               $13         $15            $28          $51            $93
15 year term               $15         $20            $37          $69            $130
20 year term               $18         $25            $47          $88            $169

The rates below are for the same applicant, but is put in the “standard” health class:

$50,000  $100,000  $250,000  $500,000  $1,000,000
10 year term               $17         $21           $42           $78           $105
15 year term               $21         $27           $57           $108         $202
20 year term               $25         $35           $73           $140         $267

49 year old female “Preferred” health class (minor or no health issues) rates:

$50,000  $100,000  $250,000  $500,000  $1,000,000
10 year term               $11         $13           $24            $42            $76
15 year term               $13         $15           $29            $51            $97
20 year term               $15         $19           $37            $65            $122

49 year old female “Standard” health class rates:

$50,000  $100,000  $250,000  $500,000  $1,000,000
10 year term               $14         $16           $30           $54            $101
15 year term               $17         $21           $45           $83            $152
20 year term               $20         $26           $57           $105          $199

Getting Cheaper Life Insurance


The younger you are, the cheaper your life insurance. Age is one of the pivotal factors of your insurance premiums.

Thankfully, your age is not the only thing the insurance agents are going to use to calculate your premiums. If you want to cut down those monthly payments, there are a few money-saving techniques you can use.

If you have a health problem or pre-existing condition, there is some work you’ll need to do before you apply for life insurance. One of those things is get in shape and control your health. Take the medications, eat healthy, exercise, etc. Your doctor will be happy and your wallet will be too.

The next thing you should do is find a company which is going to offer cheap premiums for whatever health problem you have. Every company takes different views on applicants with health problems. Some of them are very strict, while others are willing to take more risk.

For example, let’s say you’re an applicant with a heart attack in the past.  There are a lot of carriers who will decline your application on the spot because of the heart attack. Meanwhile, there are some companies which are tailored for applicants with these kind of high-risk application.

Choosing the Best Life Insurance Policy at Age 49


Price is only one point to review when you deciding on a carrier for your life insurance coverage. Sure, you want to find the cheapest policy, but the cheapest company isn’t always the best.

You want to ensure whatever company you choose is a reputable company. You want a company who has a long history of paying claims quickly. To do this, you should look at the carriers’ grades from all of the third party companies. Those should include A.M. Best, the BBB, and Moody’s. Each of these companies

Aside from price, you also need to look at the options from the company. Just about every insurance company is going to have options, you need to find the best type of insurance plan for you.

Just about every company is going to offer term life insurance, but if you want a different kind of coverage, you need to find a company who offers the best option for protection.


Term Life Insurance for 49-Year-Olds

For just about everyone, term life insurance is going to be the perfect choice. Term insurance is much more affordable because they aren’t permanent coverage.

Before you buy a plan, decide how long you will need life insurance. You can buy a plan anywhere from 2 years to 30 years. You probably won’t need life insurance forever, and you don’t want to pay for additional coverage you don’t need.


Bottom Line


You aren’t as young as you used to be. There is nothing you can do about your age, but it shouldn’t stop you from getting the coverage you and your loved ones need.

If you’re ready for life insurance coverage, please contact us today. We would love to talk about your life insurance needs and help you find the perfect plan to meet your needs.

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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Robin Gilchrist

I am a 49 year old woman with high blood pressure in need of insurance, and was wondering if I qualify?

August 24, 2015 at 11:27 am
    Jeff Root

    Hi Robin,

    It depends on your blood pressure readings, but even with very high blood pressure we have options. Please give us a call so we can gather some details of your blood pressure and provide you with the company that will give you the lowest rates.

    November 16, 2015 at 1:43 pm
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