Updated: September 11, 2025
Advertising & Editorial Disclosure
The cheapest overall term life insurance companies are Protective ($40 per month for men) and CoreBridge ($32 per month for women). These rates are based on our survey of average term life insurance rates for the average adult profile. Younger applicants will get cheaper life insurance rates as low as $5 per month for term life.
USAA has the cheapest average rates for whole life insurance at $433 and $386 per month for men and women, respectively.
North American and Midland National are the cheapest universal life insurance providers, with average premiums of $295 for men and $251 for women.
For indexed universal life insurance policies, Ethos has the most affordable rates at $328 for men and $275 for women.
Final expense and guaranteed life insurance can cost as low as $3 per month for $10,000 coverage.
The most affordable life insurance company depends on your coverage level and personal profile. Based on MoneyGeek's 2025 rate survey of 25+ major insurers, Protective and CoreBridge have the lowest average rates for typical buyer profiles. Young, healthy applicants can secure $100,000 term life coverage starting at $7 monthly.
The filterable table below shows the cheapest average life insurance quotes by policy type.
| Men | Protective Insurance | $40 | $486 |
| Women | CoreBridge | $32 | $387 |
*Life insurance quotes above are based on averages for 30- to 49-year-old nonsmokers with average weight and health ratings. Individual rates vary based on health, location and other personal factors. These averages may not reflect your actual life insurance quotes.
Term life insurance is the most affordable policy type, providing coverage for set periods like 10, 20 or 30 years at a fraction of permanent policy costs. Term policies offer straightforward financial protection with level premiums that remain constant throughout your coverage period.
Lincoln Financial, Protective and Transamerica offer the cheapest term life quotes starting at $7 monthly for women and $8 for men with $100,000 coverage over 10 years. Get personalized quotes using MoneyGeek's life insurance calculator.
The tables below show the cheapest life insurance rates for different coverage amounts and customer profiles from top-rated providers.
| Protective Insurance | $7 | $79 |
| Lincoln Financial | $7 | $87 |
| TransAmerica | $8 | $101 |
| Foresters Financial | $9 | $104 |
| Gerber Life (Fabric) | $9 | $105 |
| CoreBridge | $9 | $105 |
| SBLI | $9 | $106 |
| North American | $9 | $106 |
| Midland National | $9 | $106 |
| Cincinnati Life | $9 | $106 |
| Legal&General | $9 | $109 |
| Prudential | $9 | $111 |
| Assurity | $9 | $112 |
| Pacific Life | $10 | $118 |
| Columbus Life | $10 | $122 |
| Mutual of Omaha | $11 | $128 |
| Nationwide | $11 | $129 |
| AAA | $11 | $134 |
| Life Insurance Co of The South West | $12 | $138 |
| National Life Group | $12 | $138 |
| John Hancock | $13 | $153 |
| Fidelity Life | $14 | $164 |
*Life insurance rates above are based on average quotes for 40-year-old nonsmokers with average weight and health ratings. Individual rates vary based on health, location and other personal factors. These averages may not reflect your actual quotes.
The cheapest life insurance quotes for young applicants come from Protective, Assurity and Lincoln Financial starting at $4 monthly for $100,000 coverage over 10 years. For $1 million coverage, Lincoln Financial, Protective and Midland offer the cheapest quotes starting at $24 monthly for 10-year terms.
| Protective Insurance | $4 | $51 |
| Lincoln Financial | $5 | $55 |
| Assurity | $5 | $56 |
| AAA | $5 | $65 |
| Foresters Financial | $5 | $65 |
| Cincinnati Life | $6 | $67 |
| TransAmerica | $6 | $68 |
| Gerber Life (Fabric) | $6 | $69 |
| CoreBridge | $6 | $71 |
| SBLI | $6 | $71 |
| North American | $6 | $72 |
| Midland National | $6 | $72 |
| Prudential | $6 | $73 |
| Legal&General | $6 | $73 |
| Fidelity Life | $7 | $79 |
| Columbus Life | $7 | $80 |
| Pacific Life | $7 | $82 |
| Mutual of Omaha | $7 | $82 |
| Life Insurance Co of The South West | $7 | $90 |
| National Life Group | $7 | $90 |
| Nationwide | $8 | $93 |
| John Hancock | $9 | $112 |
*Life insurance rates above are based on average quotes for 30-year-old nonsmokers with average weight and health ratings. Individual rates vary based on health, location and other personal factors. These averages may not reflect your actual quotes.
The cheapest life insurance quotes for senior are more variable ranging from about $100 to $200 per month. SBLI has the cheapest quotes for $100,000 life insurance coverage over 10 years starting at $101 per month and Foresters Financial is second cheapest at $114 per month.
| SBLI | $101 | $1,216 |
| Foresters Financial | $114 | $1,365 |
| Columbus Life | $118 | $1,414 |
| AAA | $118 | $1,418 |
| Assurity | $120 | $1,434 |
| Midland National | $129 | $1,541 |
| Cincinnati Life | $135 | $1,625 |
| Prudential | $140 | $1,680 |
| John Hancock | $143 | $1,719 |
| Pacific Life | $145 | $1,739 |
| Mutual of Omaha | $161 | $1,927 |
| Gerber Life (Fabric) | $166 | $1,986 |
| Protective Insurance | $166 | $1,990 |
| TransAmerica | $203 | $2,432 |
| CoreBridge | $207 | $2,485 |
| Legal&General | $211 | $2,532 |
| Life Insurance Co of The South West | $237 | $2,845 |
| National Life Group | $237 | $2,845 |
*Rates above are based on average quotes for 70-year-old nonsmokers with average weight and health ratings. Individual rates vary based on health, location and other personal factors. These averages may not reflect your actual quotes.
Age is a significant factor in life insurance pricing. Rates increase exponentially as you get older because the probability of death rises with age. Insurance companies use actuarial tables that show mortality rates by age group to set premiums.
Read more about Life Insurance Rates:
The cheapest term life insurance quotes for smokers come from Protective, North American and Midland starting at $23 monthly for $100,000 coverage over 10 years. Smoking applicants pay rates two to four times higher than nonsmokers while remaining relatively affordable.
| Protective Insurance | $23 | $280 |
| North American | $25 | $298 |
| Midland National | $25 | $298 |
| Columbus Life | $26 | $310 |
| Assurity | $27 | $319 |
| Foresters Financial | $27 | $326 |
| TransAmerica | $27 | $326 |
| Prudential | $27 | $330 |
| Cincinnati Life | $27 | $330 |
| SBLI | $27 | $332 |
| CoreBridge | $28 | $340 |
| Legal&General | $29 | $348 |
| Mutual of Omaha | $31 | $373 |
| Lincoln Financial | $32 | $385 |
| Pacific Life | $32 | $386 |
| Nationwide | $32 | $387 |
| AAA | $35 | $418 |
| Life Insurance Co of The South West | $38 | $453 |
| National Life Group | $38 | $453 |
| Fidelity Life | $41 | $489 |
| Gerber Life (Fabric) | $41 | $490 |
| John Hancock | $41 | $498 |
*Rates above are based on average quotes for 40-year-old smokers with average weight and health ratings. Individual rates vary based on health, location and other personal factors. These averages may not reflect your actual quotes.
Smoking increases life insurance premiums because it can reduce life expectancy and increase health risks. Insurance companies base rates on statistical mortality data that shows smokers face higher risks of heart disease, cancer, stroke and respiratory conditions.
See also: Cheapest Life Insurance for Smokers and Best Life Insurance Companies for Smokers
Money-Saving Tip: Quit smoking for 12 months to qualify for cheaper non-smoker rates. This single change can save thousands over your policy term. Some insurers offer rate reductions after just 6 months of being tobacco-free.
No-exam life insurance skips medical checkups and uses health questionnaires and medical record reviews for underwriting. No-exam policies offer faster approval but cost more than traditional policies requiring medical exams. Lincoln Financial and Transamerica offer the cheapest no-exam quotes starting at $7 monthly.
No-exam policies work best for applicants needing quick coverage or those with health conditions that complicate medical exams. Review top providers offering affordable no-exam coverage for different ages and coverage levels:
| Lincoln Financial | $7 | $87 |
| TransAmerica | $8 | $101 |
| Gerber Life (Fabric) | $9 | $105 |
| Assurity | $9 | $112 |
| Pacific Life | $10 | $118 |
| Mutual of Omaha | $11 | $128 |
| Nationwide | $11 | $129 |
| AAA | $11 | $134 |
| Fidelity Life | $14 | $164 |
*Rates above are based on average quotes for 40-year-olds. Individual rates vary based on health, location and other personal factors. These averages may not reflect your actual quotes. See our guide to the best cheap no medical exam life insurance.
Whole life insurance is a type of permanent policy that lasts a lifetime and includes a guaranteed cash value component that grows over time. Premiums stay fixed, making it predictable for long-term planning. Protective has the cheapest whole life insurance quotes averaging $58 per month for the average buyer profile.
The tables highlight the most affordable whole life insurance quotes for different coverage levels and profiles, allowing a side-by-side comparison of insurer pricing:
| $50,000 | Protective Insurance | $58 | $695 |
| $50,000 | Pacific Life | $63 | $756 |
| $100,000 | Protective Insurance | $116 | $1,391 |
| $100,000 | Pacific Life | $126 | $1,512 |
| $150,000 | Protective Insurance | $174 | $2,086 |
| $150,000 | Pacific Life | $189 | $2,268 |
| $200,000 | Protective Insurance | $232 | $2,782 |
| $200,000 | Pacific Life | $252 | $3,024 |
| $250,000 | Protective Insurance | $290 | $3,477 |
| $250,000 | Pacific Life | $315 | $3,779 |
| $300,000 | Protective Insurance | $348 | $4,173 |
| $300,000 | Pacific Life | $378 | $4,535 |
| $350,000 | Protective Insurance | $406 | $4,868 |
| $350,000 | Pacific Life | $441 | $5,291 |
| $400,000 | Protective Insurance | $464 | $5,563 |
| $400,000 | Pacific Life | $504 | $6,047 |
| $450,000 | Pacific Life | $567 | $6,803 |
| $450,000 | Protective Insurance | $522 | $6,259 |
| $500,000 | Protective Insurance | $580 | $6,954 |
| $500,000 | Pacific Life | $630 | $7,559 |
| $550,000 | Protective Insurance | $637 | $7,650 |
| $550,000 | Pacific Life | $693 | $8,315 |
| $600,000 | Protective Insurance | $695 | $8,345 |
| $600,000 | Pacific Life | $756 | $9,071 |
| $650,000 | Protective Insurance | $753 | $9,041 |
| $650,000 | Pacific Life | $819 | $9,827 |
| $700,000 | Protective Insurance | $811 | $9,736 |
| $700,000 | Pacific Life | $882 | $10,582 |
| $750,000 | Protective Insurance | $869 | $10,432 |
| $750,000 | Pacific Life | $945 | $11,338 |
| $800,000 | Protective Insurance | $927 | $11,127 |
| $800,000 | Pacific Life | $1,008 | $12,094 |
| $850,000 | Protective Insurance | $985 | $11,822 |
| $850,000 | Pacific Life | $1,071 | $12,850 |
| $900,000 | Protective Insurance | $1,043 | $12,518 |
| $900,000 | Pacific Life | $1,134 | $13,606 |
| $950,000 | Protective Insurance | $1,101 | $13,213 |
| $950,000 | Pacific Life | $1,197 | $14,362 |
| $1,000,000 | Protective Insurance | $1,159 | $13,909 |
| $1,000,000 | Pacific Life | $1,260 | $15,118 |
| $1,500,000 | Protective Insurance | $1,739 | $20,863 |
| $1,500,000 | Pacific Life | $1,890 | $22,677 |
| $2,500,000 | Protective Insurance | $2,898 | $34,772 |
| $2,500,000 | Pacific Life | $3,150 | $37,794 |
*Rates above are based on average life insurance quotes for 40-year-old nonsmokers with average weight and health ratings. Individual rates vary based on health, location and other personal factors.
| $50,000 | Pacific Life | $40 | $475 |
| $50,000 | Protective Insurance | $40 | $483 |
| $100,000 | Pacific Life | $79 | $951 |
| $100,000 | Protective Insurance | $81 | $966 |
| $150,000 | Pacific Life | $119 | $1,426 |
| $150,000 | Protective Insurance | $121 | $1,449 |
| $200,000 | Pacific Life | $158 | $1,902 |
| $200,000 | Protective Insurance | $161 | $1,932 |
| $250,000 | Pacific Life | $198 | $2,377 |
| $250,000 | Protective Insurance | $201 | $2,415 |
| $300,000 | Pacific Life | $238 | $2,853 |
| $300,000 | Protective Insurance | $242 | $2,898 |
| $350,000 | Pacific Life | $277 | $3,328 |
| $350,000 | Protective Insurance | $282 | $3,381 |
| $400,000 | Pacific Life | $317 | $3,804 |
| $400,000 | Protective Insurance | $322 | $3,864 |
| $450,000 | Pacific Life | $357 | $4,279 |
| $450,000 | Protective Insurance | $362 | $4,347 |
| $500,000 | Pacific Life | $396 | $4,754 |
| $500,000 | Protective Insurance | $403 | $4,830 |
| $550,000 | Pacific Life | $436 | $5,230 |
| $550,000 | Protective Insurance | $443 | $5,313 |
| $600,000 | Pacific Life | $475 | $5,705 |
| $600,000 | Protective Insurance | $483 | $5,797 |
| $650,000 | Pacific Life | $515 | $6,181 |
| $650,000 | Protective Insurance | $523 | $6,280 |
| $700,000 | Pacific Life | $555 | $6,656 |
| $700,000 | Protective Insurance | $564 | $6,763 |
| $750,000 | Pacific Life | $594 | $7,132 |
| $750,000 | Protective Insurance | $604 | $7,246 |
| $800,000 | Pacific Life | $634 | $7,607 |
| $800,000 | Protective Insurance | $644 | $7,729 |
| $850,000 | Pacific Life | $674 | $8,083 |
| $850,000 | Protective Insurance | $684 | $8,212 |
| $900,000 | Pacific Life | $713 | $8,558 |
| $900,000 | Protective Insurance | $725 | $8,695 |
| $950,000 | Pacific Life | $753 | $9,033 |
| $950,000 | Protective Insurance | $765 | $9,178 |
| $1,000,000 | Pacific Life | $792 | $9,509 |
| $1,000,000 | Protective Insurance | $805 | $9,661 |
| $1,500,000 | Pacific Life | $1,189 | $14,263 |
| $1,500,000 | Protective Insurance | $1,208 | $14,491 |
| $2,500,000 | Pacific Life | $1,981 | $23,772 |
| $2,500,000 | Protective Insurance | $2,013 | $24,152 |
*Rates above are based on average quotes for 30-year-old nonsmokers with average weight and health ratings. Individual rates vary based on health, location and other personal factors. These averages may not reflect your actual quotes.
| $50,000 | Protective Insurance | $315 | $3,778 |
| $50,000 | Pacific Life | $346 | $4,157 |
| $100,000 | Protective Insurance | $630 | $7,557 |
| $100,000 | Pacific Life | $693 | $8,313 |
| $150,000 | Protective Insurance | $945 | $11,335 |
| $150,000 | Pacific Life | $1,039 | $12,470 |
| $200,000 | Protective Insurance | $1,259 | $15,113 |
| $200,000 | Pacific Life | $1,386 | $16,627 |
| $250,000 | Protective Insurance | $1,574 | $18,892 |
| $250,000 | Pacific Life | $1,732 | $20,783 |
| $300,000 | Protective Insurance | $1,889 | $22,670 |
| $300,000 | Pacific Life | $2,078 | $24,940 |
| $350,000 | Protective Insurance | $2,204 | $26,448 |
| $350,000 | Pacific Life | $2,425 | $29,097 |
| $400,000 | Protective Insurance | $2,519 | $30,227 |
| $400,000 | Pacific Life | $2,771 | $33,253 |
| $450,000 | Protective Insurance | $2,834 | $34,005 |
| $450,000 | Pacific Life | $3,118 | $37,410 |
| $500,000 | Pacific Life | $3,464 | $41,566 |
| $500,000 | Protective Insurance | $3,149 | $37,783 |
| $550,000 | Protective Insurance | $3,463 | $41,562 |
| $550,000 | Pacific Life | $3,810 | $45,723 |
| $600,000 | Protective Insurance | $3,778 | $45,340 |
| $600,000 | Pacific Life | $4,157 | $49,880 |
| $650,000 | Protective Insurance | $4,093 | $49,118 |
| $650,000 | Pacific Life | $4,503 | $54,036 |
| $700,000 | Protective Insurance | $4,408 | $52,897 |
| $700,000 | Pacific Life | $4,849 | $58,193 |
| $750,000 | Protective Insurance | $4,723 | $56,675 |
| $750,000 | Pacific Life | $5,196 | $62,350 |
| $800,000 | Protective Insurance | $5,038 | $60,454 |
| $800,000 | Pacific Life | $5,542 | $66,506 |
| $850,000 | Protective Insurance | $5,353 | $64,232 |
| $850,000 | Pacific Life | $5,889 | $70,663 |
| $900,000 | Protective Insurance | $5,668 | $68,010 |
| $900,000 | Pacific Life | $6,235 | $74,820 |
| $950,000 | Protective Insurance | $5,982 | $71,789 |
| $950,000 | Pacific Life | $6,581 | $78,976 |
| $1,000,000 | Protective Insurance | $6,297 | $75,567 |
| $1,000,000 | Pacific Life | $6,928 | $83,133 |
| $1,500,000 | Protective Insurance | $9,446 | $113,350 |
| $1,500,000 | Pacific Life | $10,392 | $124,699 |
| $2,500,000 | Protective Insurance | $15,743 | $188,917 |
| $2,500,000 | Pacific Life | $17,319 | $207,832 |
*Rates above are based on average quotes for 70-year-old nonsmokers with average weight and health ratings. Individual rates vary based on health, location and other personal factors. These averages may not reflect your actual quotes.
| $50,000 | Pacific Life | $102 | $1,219 |
| $50,000 | Protective Insurance | $119 | $1,427 |
| $100,000 | Pacific Life | $203 | $2,439 |
| $100,000 | Protective Insurance | $238 | $2,854 |
| $150,000 | Pacific Life | $305 | $3,658 |
| $150,000 | Protective Insurance | $357 | $4,280 |
| $200,000 | Pacific Life | $407 | $4,878 |
| $200,000 | Protective Insurance | $476 | $5,707 |
| $250,000 | Protective Insurance | $595 | $7,134 |
| $250,000 | Pacific Life | $508 | $6,097 |
| $300,000 | Pacific Life | $610 | $7,317 |
| $300,000 | Protective Insurance | $713 | $8,561 |
| $350,000 | Pacific Life | $711 | $8,536 |
| $350,000 | Protective Insurance | $832 | $9,988 |
| $400,000 | Pacific Life | $813 | $9,756 |
| $400,000 | Protective Insurance | $951 | $11,415 |
| $450,000 | Pacific Life | $915 | $10,975 |
| $450,000 | Protective Insurance | $1,070 | $12,841 |
| $500,000 | Pacific Life | $1,016 | $12,195 |
| $500,000 | Protective Insurance | $1,189 | $14,268 |
| $550,000 | Pacific Life | $1,118 | $13,414 |
| $550,000 | Protective Insurance | $1,308 | $15,695 |
| $600,000 | Pacific Life | $1,220 | $14,634 |
| $600,000 | Protective Insurance | $1,427 | $17,122 |
| $650,000 | Pacific Life | $1,321 | $15,853 |
| $650,000 | Protective Insurance | $1,546 | $18,549 |
| $700,000 | Pacific Life | $1,423 | $17,073 |
| $700,000 | Protective Insurance | $1,665 | $19,976 |
| $750,000 | Pacific Life | $1,524 | $18,292 |
| $750,000 | Protective Insurance | $1,784 | $21,402 |
| $800,000 | Pacific Life | $1,626 | $19,511 |
| $800,000 | Protective Insurance | $1,902 | $22,829 |
| $850,000 | Pacific Life | $1,728 | $20,731 |
| $850,000 | Protective Insurance | $2,021 | $24,256 |
| $900,000 | Pacific Life | $1,829 | $21,950 |
| $900,000 | Protective Insurance | $2,140 | $25,683 |
| $950,000 | Pacific Life | $1,931 | $23,170 |
| $950,000 | Protective Insurance | $2,259 | $27,110 |
| $1,000,000 | Pacific Life | $2,033 | $24,389 |
| $1,000,000 | Protective Insurance | $2,378 | $28,536 |
| $1,500,000 | Pacific Life | $3,049 | $36,584 |
| $1,500,000 | Protective Insurance | $3,567 | $42,805 |
| $2,500,000 | Pacific Life | $5,081 | $60,973 |
| $2,500,000 | Protective Insurance | $5,945 | $71,341 |
*Rates above are based on average quotes for 40-year-old smokers with average weight and health ratings. Individual rates vary based on health, location and other personal factors. These averages may not reflect your actual quotes.
Universal life insurance combines lifelong protection with flexible premiums and the ability to build cash value. Policyholders can adjust their payments and death benefits over time, depending on their financial goals.
The tables below display average universal life insurance costs to show how rates vary by company.
| $50,000 | Protective Insurance | $24 | $292 |
| $50,000 | Pacific Life | $26 | $318 |
| $100,000 | Protective Insurance | $49 | $584 |
| $100,000 | Pacific Life | $53 | $635 |
| $150,000 | Protective Insurance | $73 | $877 |
| $150,000 | Pacific Life | $79 | $953 |
| $200,000 | Protective Insurance | $97 | $1,169 |
| $200,000 | Pacific Life | $106 | $1,270 |
| $250,000 | Protective Insurance | $122 | $1,461 |
| $250,000 | Pacific Life | $132 | $1,588 |
| $300,000 | Protective Insurance | $146 | $1,753 |
| $300,000 | Pacific Life | $159 | $1,906 |
| $350,000 | Protective Insurance | $170 | $2,045 |
| $350,000 | Pacific Life | $185 | $2,223 |
| $400,000 | Protective Insurance | $195 | $2,338 |
| $400,000 | Pacific Life | $212 | $2,541 |
| $450,000 | Protective Insurance | $219 | $2,630 |
| $450,000 | Pacific Life | $238 | $2,858 |
| $500,000 | Protective Insurance | $244 | $2,922 |
| $500,000 | Pacific Life | $265 | $3,176 |
| $550,000 | Protective Insurance | $268 | $3,214 |
| $550,000 | Pacific Life | $291 | $3,494 |
| $600,000 | Protective Insurance | $292 | $3,506 |
| $600,000 | Pacific Life | $318 | $3,811 |
| $650,000 | Protective Insurance | $317 | $3,799 |
| $650,000 | Pacific Life | $344 | $4,129 |
| $700,000 | Protective Insurance | $341 | $4,091 |
| $700,000 | Pacific Life | $371 | $4,446 |
| $750,000 | Protective Insurance | $365 | $4,383 |
| $750,000 | Pacific Life | $397 | $4,764 |
| $800,000 | Protective Insurance | $390 | $4,675 |
| $800,000 | Pacific Life | $423 | $5,082 |
| $850,000 | Protective Insurance | $414 | $4,967 |
| $850,000 | Pacific Life | $450 | $5,399 |
| $900,000 | Protective Insurance | $438 | $5,260 |
| $900,000 | Pacific Life | $476 | $5,717 |
| $950,000 | Protective Insurance | $463 | $5,552 |
| $950,000 | Pacific Life | $503 | $6,034 |
| $1,000,000 | Protective Insurance | $487 | $5,844 |
| $1,000,000 | Pacific Life | $529 | $6,352 |
| $1,500,000 | Protective Insurance | $731 | $8,766 |
| $1,500,000 | Pacific Life | $794 | $9,528 |
| $2,500,000 | Protective Insurance | $1,218 | $14,610 |
| $2,500,000 | Pacific Life | $1,323 | $15,880 |
*Rates above are based on average quotes for 40-year-olds with average weight and health ratings. Individual rates vary based on health, location and other personal factors. These averages may not reflect your actual quotes.
| $50,000 | Pacific Life | $18 | $219 |
| $50,000 | Protective Insurance | $19 | $223 |
| $100,000 | Pacific Life | $37 | $438 |
| $100,000 | Protective Insurance | $37 | $445 |
| $150,000 | Pacific Life | $55 | $657 |
| $150,000 | Protective Insurance | $56 | $668 |
| $200,000 | Pacific Life | $73 | $876 |
| $200,000 | Protective Insurance | $74 | $890 |
| $250,000 | Pacific Life | $91 | $1,096 |
| $250,000 | Protective Insurance | $93 | $1,113 |
| $300,000 | Pacific Life | $110 | $1,315 |
| $300,000 | Protective Insurance | $111 | $1,336 |
| $350,000 | Pacific Life | $128 | $1,534 |
| $350,000 | Protective Insurance | $130 | $1,558 |
| $400,000 | Pacific Life | $146 | $1,753 |
| $400,000 | Protective Insurance | $148 | $1,781 |
| $450,000 | Pacific Life | $164 | $1,972 |
| $450,000 | Protective Insurance | $167 | $2,003 |
| $500,000 | Pacific Life | $183 | $2,191 |
| $500,000 | Protective Insurance | $186 | $2,226 |
| $550,000 | Pacific Life | $201 | $2,410 |
| $550,000 | Protective Insurance | $204 | $2,449 |
| $600,000 | Pacific Life | $219 | $2,629 |
| $600,000 | Protective Insurance | $223 | $2,671 |
| $650,000 | Pacific Life | $237 | $2,848 |
| $650,000 | Protective Insurance | $241 | $2,894 |
| $700,000 | Pacific Life | $256 | $3,067 |
| $700,000 | Protective Insurance | $260 | $3,116 |
| $750,000 | Pacific Life | $274 | $3,287 |
| $750,000 | Protective Insurance | $278 | $3,339 |
| $800,000 | Pacific Life | $292 | $3,506 |
| $800,000 | Protective Insurance | $297 | $3,562 |
| $850,000 | Pacific Life | $310 | $3,725 |
| $850,000 | Protective Insurance | $315 | $3,784 |
| $900,000 | Pacific Life | $329 | $3,944 |
| $900,000 | Protective Insurance | $334 | $4,007 |
| $950,000 | Pacific Life | $347 | $4,163 |
| $950,000 | Protective Insurance | $352 | $4,229 |
| $1,000,000 | Pacific Life | $365 | $4,382 |
| $1,000,000 | Protective Insurance | $371 | $4,452 |
| $1,500,000 | Pacific Life | $548 | $6,573 |
| $1,500,000 | Protective Insurance | $557 | $6,678 |
| $2,500,000 | Pacific Life | $913 | $10,955 |
| $2,500,000 | Protective Insurance | $928 | $11,130 |
*Rates above are based on average quotes for 30-year-old nonsmokers with average weight and health ratings. Individual rates vary based on health, location and other personal factors. These averages may not reflect your actual quotes.
| $50,000 | Protective Insurance | $108 | $1,298 |
| $50,000 | Pacific Life | $119 | $1,428 |
| $100,000 | Protective Insurance | $216 | $2,597 |
| $100,000 | Pacific Life | $238 | $2,857 |
| $150,000 | Protective Insurance | $325 | $3,895 |
| $150,000 | Pacific Life | $357 | $4,285 |
| $200,000 | Protective Insurance | $433 | $5,194 |
| $200,000 | Pacific Life | $476 | $5,714 |
| $250,000 | Protective Insurance | $541 | $6,492 |
| $250,000 | Pacific Life | $595 | $7,142 |
| $300,000 | Protective Insurance | $649 | $7,790 |
| $300,000 | Pacific Life | $714 | $8,570 |
| $350,000 | Protective Insurance | $757 | $9,089 |
| $350,000 | Pacific Life | $833 | $9,999 |
| $400,000 | Protective Insurance | $866 | $10,387 |
| $400,000 | Pacific Life | $952 | $11,427 |
| $450,000 | Protective Insurance | $974 | $11,686 |
| $450,000 | Pacific Life | $1,071 | $12,856 |
| $500,000 | Protective Insurance | $1,082 | $12,984 |
| $500,000 | Pacific Life | $1,190 | $14,284 |
| $550,000 | Protective Insurance | $1,190 | $14,282 |
| $550,000 | Pacific Life | $1,309 | $15,712 |
| $600,000 | Protective Insurance | $1,298 | $15,581 |
| $600,000 | Pacific Life | $1,428 | $17,141 |
| $650,000 | Protective Insurance | $1,407 | $16,879 |
| $650,000 | Pacific Life | $1,547 | $18,569 |
| $700,000 | Protective Insurance | $1,515 | $18,178 |
| $700,000 | Pacific Life | $1,666 | $19,998 |
| $750,000 | Protective Insurance | $1,623 | $19,476 |
| $750,000 | Pacific Life | $1,786 | $21,426 |
| $800,000 | Protective Insurance | $1,731 | $20,774 |
| $800,000 | Pacific Life | $1,905 | $22,854 |
| $850,000 | Protective Insurance | $1,839 | $22,073 |
| $850,000 | Pacific Life | $2,024 | $24,283 |
| $900,000 | Protective Insurance | $1,948 | $23,371 |
| $900,000 | Pacific Life | $2,143 | $25,711 |
| $950,000 | Protective Insurance | $2,056 | $24,670 |
| $950,000 | Pacific Life | $2,262 | $27,140 |
| $1,000,000 | Protective Insurance | $2,164 | $25,968 |
| $1,000,000 | Pacific Life | $2,381 | $28,568 |
| $1,500,000 | Protective Insurance | $3,246 | $38,952 |
| $1,500,000 | Pacific Life | $3,571 | $42,852 |
| $2,500,000 | Protective Insurance | $5,410 | $64,920 |
| $2,500,000 | Pacific Life | $5,952 | $71,420 |
*Rates above are based on average quotes for 70-year-old nonsmokers with average weight and health ratings. Individual rates vary based on health, and other personal factors. These averages may not reflect your actual quotes.
| $50,000 | Pacific Life | $43 | $512 |
| $50,000 | Protective Insurance | $50 | $600 |
| $100,000 | Pacific Life | $85 | $1,025 |
| $100,000 | Protective Insurance | $100 | $1,199 |
| $150,000 | Pacific Life | $128 | $1,537 |
| $150,000 | Protective Insurance | $150 | $1,799 |
| $200,000 | Pacific Life | $171 | $2,050 |
| $200,000 | Protective Insurance | $200 | $2,398 |
| $250,000 | Pacific Life | $214 | $2,562 |
| $250,000 | Protective Insurance | $250 | $2,998 |
| $300,000 | Pacific Life | $256 | $3,074 |
| $300,000 | Protective Insurance | $300 | $3,597 |
| $350,000 | Pacific Life | $299 | $3,587 |
| $350,000 | Protective Insurance | $350 | $4,197 |
| $400,000 | Pacific Life | $342 | $4,099 |
| $400,000 | Protective Insurance | $400 | $4,796 |
| $450,000 | Protective Insurance | $450 | $5,396 |
| $450,000 | Pacific Life | $384 | $4,611 |
| $500,000 | Pacific Life | $427 | $5,124 |
| $500,000 | Protective Insurance | $500 | $5,995 |
| $550,000 | Pacific Life | $470 | $5,636 |
| $550,000 | Protective Insurance | $550 | $6,595 |
| $600,000 | Pacific Life | $512 | $6,149 |
| $600,000 | Protective Insurance | $600 | $7,194 |
| $650,000 | Pacific Life | $555 | $6,661 |
| $650,000 | Protective Insurance | $649 | $7,794 |
| $700,000 | Pacific Life | $598 | $7,173 |
| $700,000 | Protective Insurance | $699 | $8,393 |
| $750,000 | Pacific Life | $641 | $7,686 |
| $750,000 | Protective Insurance | $749 | $8,993 |
| $800,000 | Pacific Life | $683 | $8,198 |
| $800,000 | Protective Insurance | $799 | $9,592 |
| $850,000 | Pacific Life | $726 | $8,710 |
| $850,000 | Protective Insurance | $849 | $10,192 |
| $900,000 | Pacific Life | $769 | $9,223 |
| $900,000 | Protective Insurance | $899 | $10,791 |
| $950,000 | Pacific Life | $811 | $9,735 |
| $950,000 | Protective Insurance | $949 | $11,391 |
| $1,000,000 | Pacific Life | $854 | $10,248 |
| $1,000,000 | Protective Insurance | $999 | $11,990 |
| $1,500,000 | Pacific Life | $1,281 | $15,371 |
| $1,500,000 | Protective Insurance | $1,499 | $17,985 |
| $2,500,000 | Pacific Life | $2,135 | $25,619 |
| $2,500,000 | Protective Insurance | $2,498 | $29,975 |
*Rates above are based on average quotes for 40-year-old smokers with average weight and health ratings. Individual rates vary based on health, location and other personal factors. These averages may not reflect your actual quotes.
Indexed universal life insurance (IUL) is a type of universal policy where cash value growth is tied to a stock market index, such as the S&P 500. It provides flexible premiums, adjustable death benefits and potential market-linked growth with downside protection.
The tables outline the cheapest indexed universal life insurance quotes for various coverage options, offering a comparison of affordability among providers:
| $50,000 | Protective Insurance | $28 | $336 |
| $50,000 | Pacific Life | $30 | $365 |
| $50,000 | Legal&General | $42 | $505 |
| $100,000 | Protective Insurance | $56 | $672 |
| $100,000 | Pacific Life | $61 | $730 |
| $100,000 | Legal&General | $84 | $1,010 |
| $150,000 | Protective Insurance | $84 | $1,008 |
| $150,000 | Pacific Life | $91 | $1,096 |
| $150,000 | Legal&General | $126 | $1,515 |
| $200,000 | Protective Insurance | $112 | $1,344 |
| $200,000 | Pacific Life | $122 | $1,461 |
| $200,000 | Legal&General | $168 | $2,020 |
| $250,000 | Legal&General | $210 | $2,526 |
| $250,000 | Protective Insurance | $140 | $1,680 |
| $250,000 | Pacific Life | $152 | $1,826 |
| $300,000 | Protective Insurance | $168 | $2,016 |
| $300,000 | Pacific Life | $183 | $2,191 |
| $300,000 | Legal&General | $253 | $3,031 |
| $350,000 | Protective Insurance | $196 | $2,352 |
| $350,000 | Pacific Life | $213 | $2,557 |
| $350,000 | Legal&General | $295 | $3,536 |
| $400,000 | Protective Insurance | $224 | $2,688 |
| $400,000 | Pacific Life | $244 | $2,922 |
| $400,000 | Legal&General | $337 | $4,041 |
| $450,000 | Protective Insurance | $252 | $3,024 |
| $450,000 | Pacific Life | $274 | $3,287 |
| $450,000 | Legal&General | $379 | $4,546 |
| $500,000 | Protective Insurance | $280 | $3,360 |
| $500,000 | Pacific Life | $304 | $3,652 |
| $500,000 | Legal&General | $421 | $5,051 |
| $550,000 | Protective Insurance | $308 | $3,696 |
| $550,000 | Pacific Life | $335 | $4,018 |
| $550,000 | Legal&General | $463 | $5,556 |
| $600,000 | Protective Insurance | $336 | $4,032 |
| $600,000 | Pacific Life | $365 | $4,383 |
| $600,000 | Legal&General | $505 | $6,061 |
| $650,000 | Protective Insurance | $364 | $4,368 |
| $650,000 | Pacific Life | $396 | $4,748 |
| $650,000 | Legal&General | $547 | $6,566 |
| $700,000 | Protective Insurance | $392 | $4,704 |
| $700,000 | Pacific Life | $426 | $5,113 |
| $700,000 | Legal&General | $589 | $7,071 |
| $750,000 | Protective Insurance | $420 | $5,040 |
| $750,000 | Pacific Life | $457 | $5,479 |
| $750,000 | Legal&General | $631 | $7,577 |
| $800,000 | Protective Insurance | $448 | $5,376 |
| $800,000 | Pacific Life | $487 | $5,844 |
| $800,000 | Legal&General | $673 | $8,082 |
| $850,000 | Protective Insurance | $476 | $5,713 |
| $850,000 | Pacific Life | $517 | $6,209 |
| $850,000 | Legal&General | $716 | $8,587 |
| $900,000 | Protective Insurance | $504 | $6,049 |
| $900,000 | Pacific Life | $548 | $6,574 |
| $900,000 | Legal&General | $758 | $9,092 |
| $950,000 | Protective Insurance | $532 | $6,385 |
| $950,000 | Pacific Life | $578 | $6,940 |
| $950,000 | Legal&General | $800 | $9,597 |
| $1,000,000 | Protective Insurance | $560 | $6,721 |
| $1,000,000 | Pacific Life | $609 | $7,305 |
| $1,000,000 | Legal&General | $842 | $10,102 |
| $1,500,000 | Protective Insurance | $840 | $10,081 |
| $1,500,000 | Pacific Life | $913 | $10,957 |
| $1,500,000 | Legal&General | $1,263 | $15,153 |
| $2,500,000 | Protective Insurance | $1,400 | $16,802 |
| $2,500,000 | Pacific Life | $1,522 | $18,262 |
| $2,500,000 | Legal&General | $2,105 | $25,255 |
*Rates above are based on average quotes for 40-year-old nonsmokers with average weight and health ratings. Individual rates vary based on health, location and other personal factors. These averages may not reflect your actual quotes.
| $50,000 | Protective Insurance | $22 | $269 |
| $50,000 | Pacific Life | $22 | $265 |
| $50,000 | Legal&General | $29 | $352 |
| $100,000 | Protective Insurance | $45 | $539 |
| $100,000 | Pacific Life | $44 | $530 |
| $100,000 | Legal&General | $59 | $705 |
| $150,000 | Protective Insurance | $67 | $808 |
| $150,000 | Pacific Life | $66 | $795 |
| $150,000 | Legal&General | $88 | $1,057 |
| $200,000 | Protective Insurance | $90 | $1,077 |
| $200,000 | Pacific Life | $88 | $1,060 |
| $200,000 | Legal&General | $117 | $1,409 |
| $250,000 | Protective Insurance | $112 | $1,347 |
| $250,000 | Pacific Life | $110 | $1,326 |
| $250,000 | Legal&General | $147 | $1,762 |
| $300,000 | Protective Insurance | $135 | $1,616 |
| $300,000 | Pacific Life | $133 | $1,591 |
| $300,000 | Legal&General | $176 | $2,114 |
| $350,000 | Protective Insurance | $157 | $1,885 |
| $350,000 | Pacific Life | $155 | $1,856 |
| $350,000 | Legal&General | $206 | $2,466 |
| $400,000 | Protective Insurance | $180 | $2,155 |
| $400,000 | Pacific Life | $177 | $2,121 |
| $400,000 | Legal&General | $235 | $2,818 |
| $450,000 | Pacific Life | $199 | $2,386 |
| $450,000 | Legal&General | $264 | $3,171 |
| $450,000 | Protective Insurance | $202 | $2,424 |
| $500,000 | Protective Insurance | $224 | $2,693 |
| $500,000 | Pacific Life | $221 | $2,651 |
| $500,000 | Legal&General | $294 | $3,523 |
| $550,000 | Protective Insurance | $247 | $2,963 |
| $550,000 | Pacific Life | $243 | $2,916 |
| $550,000 | Legal&General | $323 | $3,875 |
| $600,000 | Protective Insurance | $269 | $3,232 |
| $600,000 | Pacific Life | $265 | $3,181 |
| $600,000 | Legal&General | $352 | $4,228 |
| $650,000 | Protective Insurance | $292 | $3,502 |
| $650,000 | Pacific Life | $287 | $3,446 |
| $650,000 | Legal&General | $382 | $4,580 |
| $700,000 | Protective Insurance | $314 | $3,771 |
| $700,000 | Pacific Life | $309 | $3,712 |
| $700,000 | Legal&General | $411 | $4,932 |
| $750,000 | Protective Insurance | $337 | $4,040 |
| $750,000 | Pacific Life | $331 | $3,977 |
| $750,000 | Legal&General | $440 | $5,285 |
| $800,000 | Protective Insurance | $359 | $4,310 |
| $800,000 | Pacific Life | $353 | $4,242 |
| $800,000 | Legal&General | $470 | $5,637 |
| $850,000 | Protective Insurance | $382 | $4,579 |
| $850,000 | Pacific Life | $376 | $4,507 |
| $850,000 | Legal&General | $499 | $5,989 |
| $900,000 | Protective Insurance | $404 | $4,848 |
| $900,000 | Pacific Life | $398 | $4,772 |
| $900,000 | Legal&General | $528 | $6,341 |
| $950,000 | Legal&General | $558 | $6,694 |
| $950,000 | Protective Insurance | $426 | $5,118 |
| $950,000 | Pacific Life | $420 | $5,037 |
| $1,000,000 | Protective Insurance | $449 | $5,387 |
| $1,000,000 | Pacific Life | $442 | $5,302 |
| $1,000,000 | Legal&General | $587 | $7,046 |
| $1,500,000 | Protective Insurance | $673 | $8,080 |
| $1,500,000 | Pacific Life | $663 | $7,953 |
| $1,500,000 | Legal&General | $881 | $10,569 |
| $2,500,000 | Protective Insurance | $1,122 | $13,467 |
| $2,500,000 | Pacific Life | $1,105 | $13,256 |
| $2,500,000 | Legal&General | $1,468 | $17,615 |
*Rates above are based on average quotes for 30-year-old nonsmokers with average weight and health ratings. Individual rates vary based on health, location and other personal factors. These averages may not reflect your actual quotes.
| $50,000 | Protective Insurance | $136 | $1,636 |
| $50,000 | Pacific Life | $150 | $1,800 |
| $50,000 | Legal&General | $191 | $2,287 |
| $100,000 | Protective Insurance | $273 | $3,272 |
| $100,000 | Pacific Life | $300 | $3,600 |
| $100,000 | Legal&General | $381 | $4,575 |
| $150,000 | Protective Insurance | $409 | $4,908 |
| $150,000 | Pacific Life | $450 | $5,399 |
| $150,000 | Legal&General | $572 | $6,862 |
| $200,000 | Protective Insurance | $545 | $6,544 |
| $200,000 | Pacific Life | $600 | $7,199 |
| $200,000 | Legal&General | $762 | $9,149 |
| $250,000 | Protective Insurance | $682 | $8,180 |
| $250,000 | Pacific Life | $750 | $8,999 |
| $250,000 | Legal&General | $953 | $11,437 |
| $300,000 | Protective Insurance | $818 | $9,816 |
| $300,000 | Pacific Life | $900 | $10,799 |
| $300,000 | Legal&General | $1,144 | $13,724 |
| $350,000 | Protective Insurance | $954 | $11,452 |
| $350,000 | Pacific Life | $1,050 | $12,598 |
| $350,000 | Legal&General | $1,334 | $16,011 |
| $400,000 | Protective Insurance | $1,091 | $13,088 |
| $400,000 | Pacific Life | $1,200 | $14,398 |
| $400,000 | Legal&General | $1,525 | $18,298 |
| $450,000 | Protective Insurance | $1,227 | $14,724 |
| $450,000 | Pacific Life | $1,350 | $16,198 |
| $450,000 | Legal&General | $1,715 | $20,586 |
| $500,000 | Protective Insurance | $1,363 | $16,360 |
| $500,000 | Pacific Life | $1,500 | $17,998 |
| $500,000 | Legal&General | $1,906 | $22,873 |
| $550,000 | Protective Insurance | $1,500 | $17,996 |
| $550,000 | Pacific Life | $1,650 | $19,798 |
| $550,000 | Legal&General | $2,097 | $25,160 |
| $600,000 | Protective Insurance | $1,636 | $19,632 |
| $600,000 | Pacific Life | $1,800 | $21,597 |
| $600,000 | Legal&General | $2,287 | $27,448 |
| $650,000 | Protective Insurance | $1,772 | $21,268 |
| $650,000 | Pacific Life | $1,950 | $23,397 |
| $650,000 | Legal&General | $2,478 | $29,735 |
| $700,000 | Protective Insurance | $1,909 | $22,904 |
| $700,000 | Pacific Life | $2,100 | $25,197 |
| $700,000 | Legal&General | $2,669 | $32,022 |
| $750,000 | Protective Insurance | $2,045 | $24,540 |
| $750,000 | Pacific Life | $2,250 | $26,997 |
| $750,000 | Legal&General | $2,859 | $34,310 |
| $800,000 | Protective Insurance | $2,181 | $26,176 |
| $800,000 | Pacific Life | $2,400 | $28,797 |
| $800,000 | Legal&General | $3,050 | $36,597 |
| $850,000 | Protective Insurance | $2,318 | $27,812 |
| $850,000 | Pacific Life | $2,550 | $30,596 |
| $850,000 | Legal&General | $3,240 | $38,884 |
| $900,000 | Protective Insurance | $2,454 | $29,448 |
| $900,000 | Pacific Life | $2,700 | $32,396 |
| $900,000 | Legal&General | $3,431 | $41,171 |
| $950,000 | Protective Insurance | $2,590 | $31,084 |
| $950,000 | Pacific Life | $2,850 | $34,196 |
| $950,000 | Legal&General | $3,622 | $43,459 |
| $1,000,000 | Protective Insurance | $2,727 | $32,720 |
| $1,000,000 | Pacific Life | $3,000 | $35,996 |
| $1,000,000 | Legal&General | $3,812 | $45,746 |
| $1,500,000 | Protective Insurance | $4,090 | $49,080 |
| $1,500,000 | Pacific Life | $4,499 | $53,994 |
| $1,500,000 | Legal&General | $5,718 | $68,619 |
| $2,500,000 | Legal&General | $9,530 | $114,365 |
| $2,500,000 | Protective Insurance | $6,817 | $81,799 |
| $2,500,000 | Pacific Life | $7,499 | $89,989 |
*Rates above are based on average quotes for 70-year-old nonsmokers with average weight and health ratings. Individual rates vary based on health, location and other personal factors. These averages may not reflect your actual quotes.
| $50,000 | Pacific Life | $49 | $589 |
| $50,000 | Legal&General | $55 | $656 |
| $50,000 | Protective Insurance | $57 | $689 |
| $100,000 | Pacific Life | $98 | $1,178 |
| $100,000 | Legal&General | $109 | $1,312 |
| $100,000 | Protective Insurance | $115 | $1,379 |
| $150,000 | Pacific Life | $147 | $1,768 |
| $150,000 | Legal&General | $164 | $1,968 |
| $150,000 | Protective Insurance | $172 | $2,068 |
| $200,000 | Pacific Life | $196 | $2,357 |
| $200,000 | Legal&General | $219 | $2,624 |
| $200,000 | Protective Insurance | $230 | $2,758 |
| $250,000 | Pacific Life | $246 | $2,946 |
| $250,000 | Legal&General | $273 | $3,280 |
| $250,000 | Protective Insurance | $287 | $3,447 |
| $300,000 | Pacific Life | $295 | $3,535 |
| $300,000 | Legal&General | $328 | $3,936 |
| $300,000 | Protective Insurance | $345 | $4,137 |
| $350,000 | Pacific Life | $344 | $4,125 |
| $350,000 | Legal&General | $383 | $4,592 |
| $350,000 | Protective Insurance | $402 | $4,826 |
| $400,000 | Pacific Life | $393 | $4,714 |
| $400,000 | Legal&General | $437 | $5,248 |
| $400,000 | Protective Insurance | $460 | $5,515 |
| $450,000 | Pacific Life | $442 | $5,303 |
| $450,000 | Legal&General | $492 | $5,904 |
| $450,000 | Protective Insurance | $517 | $6,205 |
| $500,000 | Pacific Life | $491 | $5,892 |
| $500,000 | Legal&General | $547 | $6,560 |
| $500,000 | Protective Insurance | $575 | $6,894 |
| $550,000 | Pacific Life | $540 | $6,482 |
| $550,000 | Legal&General | $601 | $7,216 |
| $550,000 | Protective Insurance | $632 | $7,584 |
| $600,000 | Pacific Life | $589 | $7,071 |
| $600,000 | Legal&General | $656 | $7,872 |
| $600,000 | Protective Insurance | $689 | $8,273 |
| $650,000 | Pacific Life | $638 | $7,660 |
| $650,000 | Legal&General | $711 | $8,527 |
| $650,000 | Protective Insurance | $747 | $8,963 |
| $700,000 | Pacific Life | $687 | $8,249 |
| $700,000 | Legal&General | $765 | $9,183 |
| $700,000 | Protective Insurance | $804 | $9,652 |
| $750,000 | Protective Insurance | $862 | $10,341 |
| $750,000 | Pacific Life | $737 | $8,839 |
| $750,000 | Legal&General | $820 | $9,839 |
| $800,000 | Pacific Life | $786 | $9,428 |
| $800,000 | Legal&General | $875 | $10,495 |
| $800,000 | Protective Insurance | $919 | $11,031 |
| $850,000 | Pacific Life | $835 | $10,017 |
| $850,000 | Legal&General | $929 | $11,151 |
| $850,000 | Protective Insurance | $977 | $11,720 |
| $900,000 | Pacific Life | $884 | $10,606 |
| $900,000 | Legal&General | $984 | $11,807 |
| $900,000 | Protective Insurance | $1,034 | $12,410 |
| $950,000 | Pacific Life | $933 | $11,196 |
| $950,000 | Legal&General | $1,039 | $12,463 |
| $950,000 | Protective Insurance | $1,092 | $13,099 |
| $1,000,000 | Pacific Life | $982 | $11,785 |
| $1,000,000 | Legal&General | $1,093 | $13,119 |
| $1,000,000 | Protective Insurance | $1,149 | $13,789 |
| $1,500,000 | Pacific Life | $1,473 | $17,677 |
| $1,500,000 | Legal&General | $1,640 | $19,679 |
| $1,500,000 | Protective Insurance | $1,724 | $20,683 |
| $2,500,000 | Legal&General | $2,733 | $32,798 |
| $2,500,000 | Protective Insurance | $2,873 | $34,472 |
| $2,500,000 | Pacific Life | $2,455 | $29,462 |
*Rates above are based on average quotes for 40-year-old smokers with average weight and health ratings. Individual rates vary based on health, location and other personal factors. These averages may not reflect your actual quotes.
Guaranteed acceptance life insurance is a permanent policy that doesn't require medical exams or health questions for approval. It’s often chosen by older adults who may not qualify for other forms of coverage.
The tables present average guaranteed life insurance rates from the cheapest providers, showing costs across different coverage levels:
| Geico (Lifequotes.com) | $3 | $33 |
| Gerber Life (Fabric) | $4 | $51 |
| AARP | $4 | $53 |
| TruStage | $5 | $66 |
*Rates above are based on average quotes for 50-year-old nonsmokers with average weight and health ratings. Individual rates vary based on health, location and other personal factors. These averages may not reflect your actual quotes.
The most affordable life insurance company for you depends on your coverage needs, health, age and financial goals. Follow these strategies to find the cheapest policy and choose the right coverage and provider.
Research and planning lead to substantial savings on your life insurance premiums. Follow these steps for affordable life insurance:
Term life insurance costs less than whole or universal life policies because it provides a death benefit only for a specified term and doesn't build cash value.
Your age determines your premium rates. Younger applicants get cheaper rates because they present less risk to insurers.
Health directly affects life insurance premiums. Smoking, excessive drinking, high BMI and pre-existing medical conditions increase your costs. Healthy habits lead to cheaper rates.
Laddering involves buying multiple term life policies with different lengths instead of one large policy. For instance, if you need more coverage now but less in the future, buy one 10-year policy and another 20-year plan instead of a single 30-year policy. When the shorter-term policy ends, you're left with less coverage, which matches your anticipated needs and lowers overall costs.
Prices vary between insurers. Compare rates from multiple insurers using an online comparison tool to find cheaper life insurance quotes.
Life changes like quitting smoking or paying off a mortgage can qualify you for lower premiums. Review your policy regularly to ensure it remains cost-effective and meets your needs.
Your health status and body mass index (BMI) directly influence life insurance premiums. Insurers use medical exams, health questionnaires and sometimes medical records to assess your risk. Better health equals lower rates, while chronic conditions or high BMI result in higher premiums.
MoneyGeek also has the following related pages:
For budget-conscious consumers seeking substantial coverage, term life insurance offers the cheapest rates. But other policy types work better depending on your situation.
Understanding the key differences between policy types can help you find the cheapest life insurance policy for your needs. Here's a comparison of the main types of life insurance policies:
Term Life
| Lowest monthly premiums for healthy individuals. Coverage for specific period (10, 20, 30 years). No cash value component. Expires at end of term. | $25K-$10M
| Usually required
| Highest coverage at lowest cost
|
No-Exam Term Life | Convenient application without medical exams. Competitive rates for young, healthy applicants. Often more expensive than traditional term for those 40+. Quick approval (sometimes within 24 hours). | $25K-$3M
| Not required | Quick coverage, young buyers |
Guaranteed Acceptance
| No health questions or medical exams. Higher premiums for amount of coverage. Usually includes 2-3 year waiting period for full benefits. Permanent coverage with fixed premiums. | $5K-$50K
| Not required
| Seniors with health issues
|
Permanent
| Lifetime coverage that never expires. Builds cash value over time. Much higher premiums than term insurance. Options include whole, universal and variable policies. | $10K-$10M+
| Usually required
| Lifetime coverage with cash value
|
Simplified underwriting (health questions but no exam). Moderate coverage specifically for burial/funeral costs. Permanent coverage that never expires. Fixed premiums that don't increase with age. | $5K-$35K
| Not required
| End-of-life costs only
|
Secure the most affordable life insurance coverage with these tips:
Pay annually instead of monthly to typically save 3% to 8% on premiums, which can add up to hundreds of dollars in savings over your entire policy term.
Use comparison sites to quickly gather multiple quotes simultaneously rather than visiting individual insurer websites one by one, saving time and ensuring you can find a cheaper life insurance quote.
If a medical exam is required, fast for eight to 12 hours beforehand, avoid alcohol for 48 hours and limit caffeine and exercise for 24 hours to ensure the best possible test results which leads to cheaper life insurance quotes.
Have precise health, lifestyle and family history details ready before starting. Correcting application errors later could lead to higher rates and delays in your coverage.
If your quoted rate comes back higher than expected, consider adjusting the term length or making slight coverage modifications to reduce your life insurance premium.
Be thorough and honest on all forms. Any undisclosed information discovered during underwriting can result in higher premiums or even denied claims down the road.
Submit any requested medical records or explanations quickly to speed up the underwriting process and prevent your temporary coverage from expiring while you wait.
Most applications take two to six weeks from submission to approval. The process is faster for no-exam policies (sometimes just days), but these typically come with higher premiums unless you're young and in excellent health.
Life insurance quotes will vary depending on the provider you choose, on top of personal factors and your chosen coverage. Using our calculator, get quotes from top providers that fit your needs to protect your loved ones.
We’ll give you a suggested amount of cover to buy in just 3 easy steps. — it's free, no personal information required, no spam.
Rates updated:
Sep 15, 2025
People need more life insurance during working years with dependents and less coverage as they age. Review your needs every few years, especially after major life events like marriage, childbirth, home purchases or retirement. Use our life insurance calculator to determine how much life insurance you need for your situation.
Examine recommended coverage by life stage:
Life Stage | Recommended Coverage | Key Considerations |
|---|---|---|
Single Adult | 5-10× annual income | Cover debts, final expenses, and legacy goals |
Young Family | 10-15× annual income | Replace income, cover childcare, education |
Established Family | 7-10× annual income | Cover remaining mortgage, education, income |
Empty Nesters | 5× annual income | Cover final years of work, remaining debts |
Retirees | $15,000-$50,000 | Primarily for final expenses and remaining debts |
Besides the typical income multiplier method, you can alternatively use the DIME method to determine your life insurance coverage needs. This adds your Debt + Income needs + Mortgage + Education to get the correct amount of coverage.
MoneyGeek's nationwide analysis shows Protective, CoreBridge, USAA, North American, Midland National and Ethos offer the lowest average life insurance rates across different customer profiles and policy types. Compare quotes from multiple providers because rates vary based on your age, health, coverage amount and personal factors.
MoneyGeek's experts answered common questions about cheap life insurance providers.
The cheapest life insurance company depends on policy type and applicant profile. Protective and CoreBridge offer the lowest average rates for term life insurance at $40 monthly for men and $32 monthly for women. USAA, North American, Midland National and Ethos rank among the cheapest for permanent policies.
Term life insurance is the cheapest type of life insurance due to its simplicity and temporary coverage period. Term policies lack cash value components, making premiums considerably less expensive than whole life insurance while providing substantial death benefits.
To get affordable life insurance, compare policies from multiple providers and maintain a healthy lifestyle for better rates. Choose term insurance for cost-effective coverage, consider laddering policies and review your coverage regularly to match changing needs.
If you can't afford your premiums, your policy lapses and coverage ends. Contact your provider before this happens to discuss options like reducing death benefits or switching to cheaper policies. Policy reinstatement requires catching up on premium payments, paying reinstatement fees and passing health exams depending on insurer guidelines.
Age, health status, gender, smoking status and coverage amount most significantly affect premiums. Younger applicants and those in excellent health receive lower rates. Smokers pay two to three times more than nonsmokers, and men pay higher premiums than women. Higher coverage amounts and longer terms increase costs.
Average life insurance costs vary by policy type, coverage level and applicant profile. According to MoneyGeek's analysis, healthy nonsmoking adults pay $7 to $804 monthly for term policies. Smokers pay more due to health risks, while young adults pay less than seniors due to life expectancy differences. Permanent policies like whole, universal and indexed universal increase premiums.
Term life insurance costs significantly less than whole life insurance for identical coverage amounts. Whole life policies include cash value components and lifetime coverage, while term policies cover specific periods only.
Term life insurance premiums remain fixed throughout the entire term. Renewal after term expiration results in higher rates based on your current age and health. Whole life insurance rates stay fixed for life, while some universal life premiums fluctuate based on market conditions.
Buying life insurance early creates substantial savings. A 30-year-old male pays $9 to $17 monthly for $250,000 in 10-year term coverage, while waiting until age 40 increases rates to $14 to $26 monthly. Purchasing at 30 instead of 40 saves about $840 over 10 years, with potential savings reaching $2,000 depending on rates.
High-risk occupations like commercial fishing, logging, piloting, roofing and construction work increase premiums 25% to 50%. Desk jobs and low-risk professions receive the best rates. Some insurers specialize in high-risk professions and offer more competitive rates for specific occupations.
Annual payments save 3% to 8% compared to monthly premiums. A $300 annual premium paid monthly totals approximately $324 over the year. Over 20-year terms, annual payments save nearly $500. Many insurers offer additional discounts for automatic bank account payments.
Finding affordable life insurance can feel overwhelming when you're comparing dozens of companies with different rate structures and coverage options. That's why we developed a targeted research approach specifically for cost-conscious shoppers who want reliable coverage without overpaying.
Our Standard Customer Profile
We used a consistent baseline profile to ensure fair comparisons across insurers:
To determine the cheapest overall companies, we calculated average rates for 30- to 49-year-olds.
This profile represents a common demographic seeking life insurance and allows for meaningful rate comparisons. We chose these specifications because they reflect typical underwriting scenarios that most applicants encounter.
Coverage Analysis Strategy
Our research focused on companies that offer nationwide coverage and provide online quotes: two factors that matter most when you're shopping for affordable rates. We collected quotes across multiple term lengths and coverage amounts to identify consistent patterns in pricing.
Rate Comparison Process
Beyond our standard profile, we modified key variables to understand how rates change based on:
This approach revealed pricing trends that helped us calculate projections and identify which companies consistently offer the most competitive rates for different customer types.
Why This Methodology Works
By using standardized profiles and focusing on companies with broad availability, we eliminated variables that could skew results. Our cheapest overall recommendation reflects rates for our standard profile, with specific callouts when different demographics might find better deals elsewhere.
About Mark Fitzpatrick
Mark Fitzpatrick, a Licensed Property and Casualty Insurance Producer, is MoneyGeek's resident Personal Finance Expert. With over five years of experience analyzing the insurance market, he conducts original research and creates tailored content for all types of buyers. His insights have been featured in publications like CNBC, NBC News and Mashable.
Fitzpatrick holds a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He's also a five-time Jeopardy champion!
Passionate about economics and insurance, he aims to promote transparency in financial topics and empower others to make confident money decisions.
