Lots of people don’t even consider getting life insurance until they are in their 40s and at that point many of them believe that it is impossible for them to obtain an inexpensive life insurance policy. Fortunately this is not true at all and it is still entirely possible for people in their 40s to obtain a life insurance policy they can afford. Actually it is not much more expensive at all for someone in their 40s to obtain life insurance than is for someone in their 30s.
The first thing we always suggest you do though is to use a free tool like the quote calculator we have featured on our website. This will help you to figure out approximately how much you can expect pay for life insurance.
Saving money on life insurance
Most people are looking for is the best plan available at the lowest possible price point. If that sounds like it describes you, then you should definitely seek out an independent life insurance agency like us. We will get in contact with the best life insurance companies on your behalf. We can then sit down and help explain all the policies to you so you can make an informed decision about your life insurance.
If you’re in good health however then you can use our free quote calculator to get accurate rates instantly. All you need to do is enter a little bit of information about your health into the tool and it will return back rates before you know it.
If on the other hand, you have some pre-existing health conditions then you need to work with us first and the free tool would not work for you. We would have to first qualify your health so we can start doing research for you. This is because every life insurance company has a different way of evaluating risk, So we’ll need to contact them all individually and speak to them in a way that sounds like your risk to them is minimal. This is something that could easily take you months to do and most people will end up saying things to the underwriters which cause their rates to go up.
Since we do this every day we are experts of getting with the insurance companies and we always find our clients the best rates possible.
Inexpensive life insurance quotes at age 43
To give you a good place to start we have prepared this table of sample rates for you to look at. Keep in mind though that the sample rates are just that and you should only use them as a guideline. Also the rates will fluctuate daily so the best way to get up-to-date accurate information is to use the free tool like we have on our website.
These rates are for non-smokers. If you happen to smoke you can expect the rates to double.
Term life insurance for a 43 year old male “Preferred” health class (minor or no health issues), monthly rates:
|10 year term||$11||$12||$19||$32||$56|
|15 year term||$12||$14||$23||$38||$72|
|20 year term||$14||$17||$28||$53||$98|
Term Life Insurance for a 43 year old male “Standard” Health Class (controlled health issues), monthly rates:
|10 year term||$14||$15||$27||$48||$86|
|15 year term||$16||$18||$36||$65||$124|
|20 year term||$18||$23||$46||$84||$161|
Term life insurance for a 43 year old female “Preferred” Health Class (no of minor health issues), monthly rates:
|10 year term||$10||$11||$17||$28||$46|
|15 year term||$11||$12||$21||$35||$61|
|20 year term||$12||$14||$25||$43||$78|
Term life insurance for a 43 year old female “Standard” Health Class (no or minor health issues):
|10 year term||$13||$13||$22||$37||$67|
|15 year term||$14||$16||$29||$51||$95|
|20 year term||$16||$19||$37||$66||$122|
Finding a good life insurance policy age 43
The first thing you should consider is what you’ll actually be using the policy for. Most people use it for things like supplementing income in case anything happens to them or to take care of their family if they were to pass away. Think about the purpose of the life insurance policy and then think about how long you’ll need the policy for in order for it to do its job.
We don’t recommend that people break the bank just to pay for life insurance, but we can’t recommend highly enough that you have some sort of life insurance policy in place. If you’re strapped for cash then don’t go for the most expensive policy but find one with a lower premium that you can actually afford. We always say that some coverage is better than no coverage at all.
If you’re even considering taking out a life insurance policy then we recommend you get in contact with an independent life insurance agency like us. We can help you get all the best quotes from the best life insurance companies out there and help you understand all the options that you have available. We’ve gone over a ton of information here but if you still have any questions please do not hesitate to contact us directly. Also don’t forget to make use of the free online quote calculator to get an estimate of how much you might end up paying for life insurance. Life insurance for 43 year olds should start with talking to an independent life agent, so contact us today.