Looking for life insurance for a 50 year old male? We can help!
Whether you are looking for Term Life Insurance or Permanent Life Insurance, this is the time to do it. There are two reasons for acting now. One reason is that life insurance rates have not been this cheap in a long time. So, do not think that because you have waited this long you will be paying rates that are abnormally high. The other reason is, the longer you wait, the older you will be, and life insurance rates DO GO UP with age. And, as we all know, as we age our health tends to deteriorate and life insurance rates DO GO UP as health deteriorates.
The amount of life insurance coverage can be critical to those left behind after the death of a breadwinner. Expenses like the mortgage, monthly bills, taxes, and college tuition can be substantial over the years, yet still need to be paid when the primary earner is no longer there. Studies show that many Americans with financially dependent family members are significantly under insured averaging only 5.4 years of income replacement coverage.
How Much Life Insurance Do You Need?
Another consideration is how much life insurance will you actually need? It is kind of difficult to come up with this number as there are different ways to look at this. To help you determine how much life insurance you will need, we have prepared the LIFE INSURANCE NEEDS CALCULATOR that appears below. It is self-explanatory, but if you have questions or need assistance with it in order to arrive at the right amount for your family, please, call us at our Toll Free Number (888) 950-8376.
Once you have arrived at the face amount of life insurance, you want to know how much it will cost you. Below we prepared a chart with what a life insurance policy would cost to a 50 year old male for the most common Term Life Insurance maturities and also for the least expensive form of Permanent Life Insurance available, which is Universal Life Insurance. The chart is based on a $1,000,000 face amount of life insurance, but you can use this to estimate what it would cost your own policy.
SAMPLE LIFE INSURANCE RATES FOR 50 YEAR OLD MALE
How to Get Your Personalized Quote
And, of course, you can also, a) contact us using the REQUEST FREE CONSULATION form the appears to the right; or, b) use the Quote Engine, that also appears to the right, and explore how much your policy would cost; or, c) just give us a call at our Toll Free Number (888) 950-8376, and we will take it from there and find the life insurance policy that meets your personal and financial needs.