25-Year Term Life Insurance Cost (2026 Rates)

A 25-year term life insurance policy costs an average of $69 per month for a 40-year-old with $500,000 in coverage. Rates will vary by age, health, smoking status and coverage amount.

Find out if you're overpaying for life insurance below.

Select age group

Updated: April 25, 2026

Advertising & Editorial Disclosure

Key Takeaways
blueCheck icon

A 40-year-old nonsmoker with average health and $500,000 in coverage pays an average of $53 per month for women and $69 per month for men on a 25-year term life insurance policy.

blueCheck icon

Smokers pay much more than nonsmokers. A 40-year-old male smoker pays an average of $238 per month, versus $69 for a nonsmoker, at $500,000 in coverage, a difference of $169 per month.

blueCheck icon

Banner Life and Transamerica are the cheapest providers for a 25-year term policy, with monthly average rates at $63 for a $500,000 coverage.

Compare Insurance Rates

Ensure you are getting the best rate for your insurance. Compare quotes from the top insurance companies.

What Is 25-Year Term Life Insurance?

A 25-year term life insurance policy locks in both the premium and the death benefit for the full 25-year period, giving policyholders long-term cost certainty without paying for permanent coverage. 

This term length suits homeowners with a 20- to 25-year mortgage, parents who want protection through their children's college years and beyond, and earners in their 30s and 40s who want to secure rates that carry them into near-retirement.

The 25-year term is less common than 10-, 15- and 20-year options, but several major insurers offer it, including Banner Life, Transamerica, Pacific Life and Cincinnati Life.

How Much Does a 25-Year Term Life Insurance Policy Cost?

A 40-year-old male nonsmoker with average health pays an average of $69 per month for a 25-year term life insurance policy with $500,000 in coverage. Women in the same profile pay less, averaging $53 per month. 

Once issued, premiums lock in for the entire 25-year period, making it easier to budget long-term. Coverage level and age are the biggest cost drivers: moving from $100,000 to $500,000 in coverage more than triples the monthly premium for men ($22 to $69) and women ($18 to $53).

Data filtered by:
40
Male
$100,000$22$262
$250,000$41$497
$500,000$69$823
$750,000$99$1,189
$1,000,000$128$1,536
$2,000,000$250$2,997
$3,000,000$370$4,436
$5,000,000$586$7,028
$10,000,000$1,100$13,198

Rates are based on average rates for nonsmokers with average health. Actual rates vary based on health, lifestyle and insurer underwriting guidelines. Get personalized quotes for accurate pricing.

Montana prohibits gender-based life insurance rating. Rates may not vary by gender in this state.

25-Year Term Life Insurance Cost for High-Risk Applicants

High-risk applicants pay more for 25-year term life insurance than standard applicants.

Smokers pay higher premiums because of the health risks associated with tobacco use.

Data filtered by:
40
Male
$100,000$61$736
$250,000$132$1,582
$500,000$238$2,860
$750,000$351$4,208
$1,000,000$460$5,523
$2,000,000$909$10,902
$3,000,000$1,353$16,237
$5,000,000$2,236$26,828
$10,000,000$4,420$53,038

Rates shown are estimates based on our survey methodology and may not reflect your actual premium.

Insurance companies apply health rating classifications that directly affect 25-year term life insurance premiums. People with poor health pay more than healthy individuals.

Data filtered by:
40
Male
$100,000$23$277
$250,000$44$532
$500,000$74$888
$750,000$107$1,289
$1,000,000$139$1,672
$2,000,000$271$3,254
$3,000,000$401$4,809
$5,000,000$658$7,892
$10,000,000$1,289$15,465

Rates are estimates based on our survey methodology and may not reflect your actual premium.

Average Cost of 25-Year Term Life Insurance by Company

Among the carriers surveyed, Banner Life and Transamerica offer the lowest average monthly rate at $63 for a 40-year-old nonsmoker with $500,000 in coverage on a 25-year term. 

The rate difference across all six providers we analyzed is relatively narrow, ranging from $63 to $74 per month, but the most affordable option for any person depends on their health profile, lifestyle and the insurer's underwriting guidelines.

Banner Life$63$757
Transamerica$63$757
Cincinnati Life$66$796
Fidelity$72$861
Protective$74$882
Pacific Life$74$882

Rates are based on MoneyGeek's 2026 survey of major life insurance carriers for a 40-year-old male nonsmoker with average health. The coverage amount used for comparison is $500,000. These may not reflect your actual premium.

Factors Affecting 25-Year Term Life Insurance Rates

Several factors affect 25-year term life insurance costs, and each insurer weighs them differently during underwriting. Actual requirements and rate adjustments depend on the insurance company.

    calendar icon
    Age

    Younger people pay lower premiums on 25-year term life insurance because they present less mortality risk over the full term. Locking in rates at a younger age produces the largest long-term savings on a policy this length.

    hospital icon
    Health History

    Insurers review medical records, family history and current health conditions before issuing a 25-year term policy. A history of serious illness can increase premiums or limit available coverage options.

    heartWithPlus icon
    Current Health

    Most insurers require a medical exam for 25-year term applicants. Exam results, including blood pressure, cholesterol and weight, directly affect the rate the applicant receives.

    cigarette icon
    Smoking Status

    Smokers pay higher premiums on 25-year term policies because tobacco use increases mortality risk over a long term. Quitting for at least 12 months and qualifying as a nonsmoker with the insurer can reduce the rate.

    shield icon
    Coverage Amount

    Larger death benefits require higher premiums on any 25-year term policy. Choosing a coverage level matched to actual income-replacement needs, rather than rounding up arbitrarily, keeps costs controlled across the full term.

Compare 25-Year Term Life Insurance Quotes

Because rates vary across providers, comparing quotes from multiple insurers before buying a 25-year policy can be worthwhile. Use our life insurance calculator for a quick comparison.

Term Life Insurance Quotes

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.

High
Average
Low

Rates updated:

Apr 27, 2026

Your Next Step:

Get your real quotes from trusted insurance providers.

Your ZIP Code:

Shield

Free. Simple. Secure.

25-Year Term Life Insurance: Bottom Line

For a 40-year-old male nonsmoker with average health and $500,000 in coverage, the average monthly cost of a 25-year term life insurance policy is $69 per month. Women pay slightly less, with average rates for the same profile and coverage at $53 per month.

Because rates vary across providers, comparing quotes from multiple insurers before buying a 25-year policy can be worthwhile. 

Reviewing the best term life insurance providers can help identify the right fit, and comparing life insurance rates across term lengths provides helpful cost context. For those focused on keeping costs as low as possible, reviewing cheap term life insurance options can help you find competitive carriers.

25-Year Life Insurance Cost: FAQ

How does a 25-year term life insurance policy work?
Who should buy a 25-year term life insurance policy?
What happens when a 25-year term life policy expires?
Can I get a 25-year term life policy without a medical exam?

MoneyGeek's 2026 life insurance rate data is drawn from a survey of major life insurance carriers. The baseline profile used throughout this page is a 40-year-old male nonsmoker with an average health rating, $500,000 in coverage and a 25-year term. To show how rates vary, we adjusted age, gender, health status, smoking status and coverage amount across individual sections and tables. Rates are estimates and may not reflect actual premiums from any specific insurer.

Related Pages

About Mark Fitzpatrick

Mark Fitzpatrick headshot

Mark Fitzpatrick, a Licensed Property and Casualty (P&C) Insurance Producer in Connecticut, is MoneyGeek's resident insurance expert. He has analyzed the insurance market for almost a decade, first with LendingTree and now with MoneyGeek, conducting original research on hundreds of insurance companies and millions of insurance rates for insurance shoppers. 

He writes about economics and insurance on MoneyGeek, breaking down complex topics so people can have confidence in their purchase. Like all MoneyGeek analysts, Mark collects and analyzes independent cost and consumer experience data on insurance companies to provide objective recommendations in our content that are independent of any of MoneyGeek's insurance company partnerships. 

His insights — on products ranging from car, home and renters insurance to health and life insurance — have been featured in The Washington Post, The New York Times and NPR among others. 

Mark holds a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He started his career working in financial risk management at State Street before transitioning to analysis of the personal insurance market. He's also a five-time Jeopardy champion!

Read Full Bio »