Life insurance rates are based on your policy, age, gender, and health. Shoppers in their 30s can pay $30 or less for a $500,000 term policy that lasts 20 years.
Nupur Gambhir is a licensed life, health, and disability insurance expert and a former senior editor at Policygenius. Her insurance expertise has been featured in Bloomberg News, Forbes Advisor, CNET, Fortune, Slate, Real Simple, Lifehacker, The Financial Gym, and the end-of-life planning service Cake.
Amanda Shih is a licensed life, disability, and health insurance expert and a former editor at Policygenius, where she covered life insurance and disability insurance. Her expertise has appeared in Slate, Lifehacker, Little Spoon, and J.D. Power.
Most life insurance companies only allow you to select female or male for gender when you apply. If you are nonbinary, choose either female or male. If you are transgender, you can choose your actual gender, not your gender a-signed at birth.
You're a non-smoker in good health with a few minor health conditions or medications.
If you have a major health condition or smoke, your life insurance rates may be higher. Contact a Policygenius agent to find the right options for your needs.
ZIP code:Where you live doesn’t affect your life insurance rates, but it may affect which types of life insurance policies are available to you or which insurance companies can sell you a policy.
It’s Now a Buyer’s Market for Auto Insurance, J.D. Power Finds.
