A 30-year term life insurance policy provides coverage for 30 years. Unlike permanent life insurance, which can be expensive, term life insurance is much more affordable. With a 30-year term policy, your beneficiaries receive the death benefit if you pass away during the coverage period, provided premiums are current and the policy remains in force.

For example, if you purchase a $500,000 policy at age 35, you're covered until age 65. If you pass away at 55, your beneficiaries submit a claim, and once approved, your insurer pays the death benefit as a tax-free lump sum. Your beneficiaries can use the money to cover funeral expenses, pay off debts, handle household expenses or pay for educational expenses for your children.

Your age and coverage amount directly impact your premium. The older you are, the more expensive premiums become because you're less likely to outlive your policy. Choosing a higher coverage amount increases your premiums.

The table below illustrates how 30-year term life insurance rates vary across different age groups and coverage amounts.

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

Health and lifestyle also affect rates. Life insurance for smokers costs much more than coverage for nonsmokers. Overweight people pay higher premiums than those of normal weight. People with poor health also get higher premiums than healthy buyers.

The table below shows the average 30-year term life insurance costs for smokers, overweight people and those with poor health.

Rates shown are estimates based on our survey methodology and may not reflect your actual premium. Actual rates vary based on health, lifestyle and insurer underwriting guidelines. Get personalized quotes for accurate pricing.

We compared multiple life insurance quotes with various coverage amounts from different insurers nationwide. Lincoln Financial offers the cheapest 30-year term life insurance policy. It has the lowest average rates across different coverage levels.

Compare the average cost of 30-year term life insurance across insurers based on coverage amounts to help determine how much coverage you can afford.

Rates are based on MoneyGeek's 2025 survey of major life insurance carriers for a 40-year-old male nonsmoker with average health and weight. These may not reflect your actual premium. Actual rates vary based on health, lifestyle, and insurer underwriting guidelines. Get personalized quotes for accurate pricing.

Life insurance premiums depend on individual factors. To get the best rates, compare quotes from multiple providers. The life insurance calculator below provides quick estimates to help narrow down your options.

A 30-year term life insurance policy offers solid financial protection for your loved ones. It provides coverage for 30 years. This guide covers how much 30-year term life insurance costs, what these policies are and whether this term length is the right choice for your family's financial security.

Your age, health, weight, lifestyle and coverage amount affect your premium. Life insurance costs also vary by insurance company, so compare personalized quotes from multiple insurers to find the best rates.

Below are answers to frequently asked questions about 30-year term life insurance.

Choosing 30-year term life insurance means you're planning decades ahead, protecting your family's financial future while your mortgage, children's education costs and other major expenses are at their highest. We designed our analysis around this long-term commitment, focusing on companies that maintain competitive rates and strong financial stability over three decades.

How We Analyzed 30-Year Term Life Insurance Cost

We collected quotes using a 40-year-old male profile, the most common age when people buy 30-year term policies. 

This baseline included:

• Nonsmoker
• 5 feet 9 inches tall, 160 pounds
• Average health rating
• Standard underwriting across all carriers

Why this profile matters: Most people shopping for a 30-year term policy are in their 30s and 40s, establishing financial protection during peak earning years. This age represents the sweet spot where premiums remain affordable but coverage needs are highest.

Coverage Analysis Beyond the Baseline

We modified the profile by age, gender, height, weight, tobacco use and health rating. We also collected quotes for term life insurance with varying term lengths and coverage amounts.

This comprehensive approach reveals how your specific situation affects 30-year term pricing, which is important since these policies lock in rates for three decades.

Coverage costs and company information for life insurance companies were updated in 2025.