Compare Life Insurance Rates for 38 Year Olds
Posted in Life Insurance in Your 30s last updated on May 26, 2020Compare Life Insurance Rates for 38 Year Olds
Looking for somewhere to compare life insurance premiums for 38 year olds?
You’ve come to the right place because we can show you how affordable life insurance can be if you are 38 years of age. For other ages, see our comprehensive article on life insurance at every age.
- Term rates
- Life insurance with health concerns
- Types of term policies
- Permanent life insurance
- No exam life insurance
- How Abrams can help
Take a quick look at some quotes below for what you might pay for a term life insurance policy. Our quotes are for both males and females. You can also use the Instant Quotes tool on this page to compare companies right now.
We will also explain some of the term life insurance options so you can find a more suitable policy for your particular needs.
Term Life Insurance Quotes for 38 Years Old
The following rate quotes will show different term lengths for different amounts of coverage. These quotes are for the healthiest rate class. If you have any health issues, you can receive quotes instantly by using our handy quote calculator to the right or call us to discuss any health challenges. We are experts at finding the lowest priced life insurance policy for any health issues.
38 Year Old Male – Term Life Quotes for “Preferred Best Non Tobacco”
Monthly Rates:
| $100,000 | $250,000 | $500,000 | $1,000,000 | |
| 10 Year Term | $8.79 | $13.64 | $21.96 | $36.30 |
| 20 year Term | $12.34 | $20.69 | $34.80 | $63.51 |
| 30 Year Term | $18.81 | $32.38 | $58.54 | $108.17 |
38 Year Old Female – Term Life Quotes for “Preferred Best Non Tobacco”
Monthly Rates:
| $100,000 | $250,000 | $500,000 | $1,000,000 | |
| 10 Year Term | $8.49 | $12.30 | $19.05 | $30.45 |
| 20 year Term | $10.93 | $18.13 | $30.45 | $54.81 |
| 30 Year Term | $15.58 | $26.69 | $47.42 | $86.13 |
(Life Insurance Calculator) – If you wish to research your own quotes and compare life insurance for 38 year olds then try our handy to use life insurance calculator which can be found on the right hand side of this page.
You can also compare rates to age 39 here or see rates for other years in your 30s.
Life Insurance for 38 Years Old With Health Issues
If you have health issues or if you smoke tobacco products, or have other health issues, you are best advised to speak with an independent agent about your health issues such as you would find here at Abrams Insurance Solutions.
We can advise you about your life insurance needs as they relate to your particular health issue and can also help you find some of the more lenient insurers that are available.
Types of Term Life Insurance Policies
Most people think that there is only one type of term life insurance but in fact there are actually 3 types, including:
Level Term Insurance – Is the most common type of term insurance sold. It features a specified death benefit and generally the premium remains unchanged through the life of the policy.
Decreasing Term Insurance – Your premium remains the same but the amount of death benefits diminishes on a periodic basis. This type of policy is often used in lieu of mortgage life insurance which is sold through lenders. We can help you decide if a level term policy will be better for this scenario.
Increasing Term Insurance – This type of policy sees periodic increases in the death benefits on a percentage basis and a periodic increase in the premium. This type of policy can be ideal for a young couple who would like a longer policy but can’t afford an expensive one at the moment.
Permanent Insurance for 38 Year Olds
Different people have different needs so a term policy might not be the best solution for your particular needs. You might be better off going with a permanent life insurance such as Universal Life, Indexed Universal Life, or Whole Life.
These types of policies can be a much better means to protect your money, such as your savings from taxes and from uncertain market conditions. This type of policy is also a superb means to supplement or improve your 401(k).
No Exam Life Insurance for 38 Year Olds
There are many life insurance companies which now provide No Exam Life Insurance. These types of policies do cost a bit more but you can avoid the inconvenience of having to take a medical exam and could get approved for a policy in a as little as 2 days or as fast as 15 minutes. If you are in a hurry, or hate needles and want convenience then this might be just right for you.
How to Find and Compare Life Insurance for 38 Year Olds
Comparison shopping for life insurance is time consuming, but here at Abrams Insurance Solutions we can perform that process for you. And, if you need some advice or assistance from our life insurance experts, then we are always ready to help.
Start the insurance application process right now and call us at 858-703-6178.
