How Much Does It Cost For Level Term Life Insurance? 
There is no one set cost to level Term Life Insurance . However , a rule of thumb is , the longer the term , the higher the premium . That is because the insurance companies average out what the policy would cost at your starting age , and the cost of insurance for the ending age of the term policy you chose . If you took out a 10 year Term policy at age 35 , the policy will end -LRB- or the price will go up drastically -RRB- at your age 45 . Mortality rates are not real high at age 45 , so the premium will be relatively low . If you locked that premium in for 30 years , the policy will end at your age 65 , which is when mortality rates are much higher . Therefore , the premium will be higher . However , the premium you have locked in is based on your health at age 35 . And that can make it be a very good deal . 