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Compare 30-year term life insurance policies

Cover expenses into retirement or lock in level premiums when you're young and healthy


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Time flies. Thirty years can see a lot of changes in the world — and for your life. Between promotions, children, grandchildren and retirement, there could be any number of planned and unexpected shifts in how you think about money.

Life insurance can provide your family with a financial safety net should you pass away prematurely. If you’re young and in good health, you could lock in level premiums and strong protection with a 30-year term.

How much is a 30-year term life insurance policy?

The cost of your insurance policy depends on a range of factors, like your age, gender, health, occupation, hobbies and lifestyle. To give you an idea of what you might pay for coverage, we break down averages by gender and smoking status.

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Sample monthly rates for a $500,000 30-year term life policy for nonsmokers

30$32.30 – $86.54$27.20 – $69.65
40$52.46 – $128.19$42.50 – $96.69
45$81.27 – $184.41$63.32 – $157.94
50$125.13 – $286.78$97.18 – $227.94

Sample monthly rates for a $500,000 30-year term life policy for smokers

30$115.67 – $207.38$85.14 – $162.40
40$213.77 – $379.31$149.33 – $277.38
45$345.86 – $520.86$228.07 – $381.50
50$524.02 – $785.31$347.78 – $605.50

Learn more about life insurance for smokers

Get free quotes for 30-year term life insurance

Name Product Issue age Minimum Coverage Maximum Coverage Term Lengths Medical Exam Required
18 - 60 years old
5, 10, 15, 20, 25 and 30 years
This life insurance broker combines technology and the human touch to match you with a policy tailored to your needs.
21 - 54 years old
10 or 20 years
Affordable 10- and 20-year term life insurance policies with instant quotes and no medical exams.
18 - 85 years old
10, 15, 20, 25, 30 years
Depends on provider and policy
Compare affordable quotes from 12+ A-rated life insurance companies side-by-side.
Everyday Life
20 - 75 years old
10, 15, 20, 25 or 30 years
Build a customized laddering strategy to target specific financial responsibilities and save on term life.
25 - 60 years old
10, 15, or 20 years
Depends on policy
Get affordable term life insurance with accelerated underwriting or no-exam coverage up to $1,000,000. Available in all states except CA, NY and MT.

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Do I need a 30-year policy?

Your age, health, wealth, family and debt obligations will affect whether you decide to buy a 30-year policy. When considering a policy with a 30-year term, think about:

  • Your mortgage. How long would it take for your family to pay off your home? Someone 10 years into a 20-year mortgage might not need as long of a term as one who’s just settled into a 40-year mortgage.
  • Your children. When will your children be old enough to live independently? You may want a longer term if you’re considering adding to your family than if you’ve just sent your youngest off to college.
  • Future policies. Do you think you can get coverage at a reasonable rate after your current policy expires? To cover you after age 65, premiums can get pricey. However, some term policies offer the option to convert to whole life when you outlive the term.
  • Premium increases. The cost of a 30-year $500,000 term policy for a 30-year-old woman could come with fixed monthly premiums of $27 to $70. At age 40, premiums on a 30-year term could cost her $43 to $97 a month.
  • Initial premium costs. Will the premiums strain your growing family’s budget? Monthly costs for a 30-year term life insurance policy are often higher than that of a 5- or 10-year policy. For those just starting out, it may not be feasible to incorporate that cost into their budget.
  • Optional riders. Could you buy riders up front that would make a shorter term more valuable? Child and spouse riders for shorter terms can potentially protect your new family while you stabilize your finances, for instance.

      Who shouldn’t get a 30-year term policy?

      30 years is about the longest policy you can get, other than a few companies offering 35-year terms. You might consider alternative term lengths if:
      • You want lifetime coverage. Because it’s tough to find a policy with a longer term than 30 years, you might consider a whole life policy if you want coverage beyond the next 30 years. Or if you’re very young, you can also get a 20-year policy to cover you through your 20s and 30s and get a new term life policy before you turn 40 to keep premiums manageable.
      • Your debts will be paid off sooner. If your kids are in elementary school or you have 20 years left on your mortgage and don’t plan on upgrading, you might consider a shorter term to cover your debts until they’re paid off, like a 10-year term.
      • You can’t afford the premiums. While you get three times the coverage of a 10-year term, premiums are also typically twice as expensive. If you can’t afford to pay for a 30-year term policy but still want some coverage, consider a 20-year term instead.

      What happens after the 30-year term is up?

      If you outlive your 30-year policy, it’s likely that you’re not as spry as you were when initially signing up so many years before. But this milestone affords you several routes forward for continued protection for your loved ones:

      • Renew your policy. You may be able to renew your policy — albeit at likely higher premiums — or purchase a new policy from a different insurer.
      • Convert your policy. Specific policies allow you to convert to whole life at the end of your term. Your provider might use the rating from the beginning of your term to establish your new premium.
      • Let your policy lapse. The last option is to simply let the expire. You’re not required to have life insurance, however helpful a financial-planning tool.

      What’s my risk of dying in the next 30 years?

      Life insurance providers use mortality or actuarial tables to determine the probability of death by gender. These tables are based on averages of mortality among specific population, gender and age groups. Of course, your likelihood of dying depends on your overall health, risks and medical history.

      Bottom line

      Life insurance can provide the security your loved ones need when you’re no longer around the protect them. A 30-year policy is a big commitment — and it often comes with higher premiums than smaller terms.

      But you’ll likely never be as healthy as you are today, and you can rest easy knowing that your premiums are locked in over the full term to cover whatever life throws your way. Take the time to thoroughly compare providers before settling on a policy to find the right one for you and your family.

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