How Much Does Term Life Insurance Cost For A 65 Year Old? 
There 's many factors that go into the costs for term life insurance to say what an average plan costs - it will be different for every person due to a number of factors including their age , amount of coverage they want , how long they want the coverage for , their risk classification , and whether they 're applying with full underwriting or non-medical term coverage . At age 65 , you 'll have term life insurance options for 10 , 15 , and 20 -LRB- 25 and 30 years term insurance would not be available due to age - you would need to look at permanent programs to secure coverage longer than 20 years -RRB- . If you want to consider coverage beyond 20 years , I would suggest looking at a Guaranteed Universal Life insurance policy -LRB- GUL -RRB- - dialing down the guarantee period can reduce your premiums . If you 're looking for something in the $ 100,000 , 10yr term insurance range , you could be looking at premiums of about $ 35 per month to over $ 100 + per month . However , any numbers quoted without knowing the details of your medical history will be useless - they would be no more than a guesstimate . The risk classification is the MOST critical factor in determining the cost -LRB- premium -RRB- of a life insurance policy . The risk class depends on a number of factors including whether you 're male or female , your medical history , height/weight profile , any tobacco usage , and other factors . Please keep in mind - every carrier has their own set of underwriting guidelines and mortality tables , and each may offer a different risk class for a given medical profile - e.g. company A may offer preferred -LRB- featuring lower rates -RRB- and company B may only offer standard -LRB- featuring higher rates -RRB- . Consulting with an experienced life insurance broker would be the best course of action . Brokers can shop the case for you among a number of carrier to see which one will work best for your program and help you structure a policy that will best serve your needs and your budget . I hope the information is helpful - please feel free to contact me for help , including specific quotes and carrier policy comparisons , and if you have any other questions . Thanks very much . 