Return of Premium Life Insurance Rates For 25-Year-Olds
- Updated: February 20, 2023
Twenty-five is an important age in life for many reasons. It is the age when many individuals finish their academic degrees and set out into the world to pursue their dreams.
They may begin to establish their career path and begin to climb the professional ladder. It is also a time when individuals may start to think about investing and planning for their future.
At 25, individuals may also begin to think more seriously about their relationships and start to look towards marriage. Establishing personal relationships and building a family are important parts of building a life and these milestones can begin at 25. At 25, individuals may also need to consider life insurance.
While it may not seem necessary at the age, life insurance can be an important financial tool for young adults. It can protect against financial hardship if something unexpected were to happen, and provide for loved ones in the event of an untimely death. Additionally, if individuals purchase life insurance at a young age, they can secure the lowest possible rates and ensure that they will have coverage without facing an increase in premiums due to health conditions.
As individuals get older, life insurance is an increasingly valuable asset that can help protect their financial future and provide peace of mind.
(Note: See here for 24-year-old ROP rates or the cost of ROP term life insurance for a 26-year-old.)
Table of Contents
Male Return of Premium Rates (Age 25)
| Age | Gender | Smoker | Coverage | Rate (20-Year) | Rate (30-Year) |
|---|---|---|---|---|---|
| 25 | Men | No | $25,000 | $10 | $9 |
| 25 | Men | No | $50,000 | $14 | $12 |
| 25 | Men | No | $75,000 | $18 | $15 |
| 25 | Men | No | $100,000 | $22 | $19 |
| 25 | Men | No | $150,000 | $29 | $25 |
| 25 | Men | No | $200,000 | $37 | $31 |
| 25 | Men | No | $250,000 | $36 | $33 |
| 25 | Men | No | $300,000 | $42 | $38 |
| 25 | Men | No | $400,000 | $53 | $49 |
| 25 | Men | No | $500,000 | $65 | $59 |
| 25 | Men | No | $1,000,000 | $118 | $105 |
Looking at the male return of premium rates for age 25, we can see that the rates vary based on coverage amount and term length. Let’s take a closer look at two coverage amounts – $100,000 and $500,000.
For a $100,000 coverage amount, the rate for a 20-year term policy is $22, while the rate for a 30-year term policy is $19. On the other hand, for a $500,000 coverage amount, the rate for a 20-year term policy is $65, while the rate for a 30-year term policy is $59. As we can see, the rates decrease for longer term policies.
When we look at the cost per dollar of coverage, we can see that it varies across coverage amounts and term lengths. For example, for a $25,000 coverage amount, the cost per dollar of coverage is higher than for a $1,000,000 coverage amount. This is because the fixed costs associated with issuing a policy are spread out over a larger coverage amount. Additionally, the cost per dollar of coverage decreases for longer term policies, as the risk of the insured passing away during the policy term decreases.
Overall, it’s important to consider both coverage amount and term length when choosing a policy, as they can impact the rate as well as the cost per dollar of coverage.
ROP Term Life Cost (Male Smokers; Age 25)
| Age | Gender | Smoker | Coverage | Rate (20-Year) | Rate (30-Year) |
|---|---|---|---|---|---|
| 25 | Men | Yes | $25,000 | $16 | $15 |
| 25 | Men | Yes | $50,000 | $26 | $24 |
| 25 | Men | Yes | $75,000 | $35 | $33 |
| 25 | Men | Yes | $100,000 | $45 | $42 |
| 25 | Men | Yes | $150,000 | $65 | $61 |
| 25 | Men | Yes | $200,000 | $84 | $79 |
| 25 | Men | Yes | $250,000 | $92 | $85 |
| 25 | Men | Yes | $300,000 | $109 | $101 |
| 25 | Men | Yes | $400,000 | $144 | $132 |
| 25 | Men | Yes | $500,000 | $172 | $157 |
| 25 | Men | Yes | $1,000,000 | $332 | $304 |
If you are a 25-year-old male smoker looking for term life insurance coverage, the table above can give you an idea of how much you can expect to pay. The rates listed are for both 20-year and 30-year term policies, with coverage amounts ranging from $25,000 to $1,000,000.
Let’s say you are interested in coverage for $50,000 or $250,000. For $50,000 coverage, the rate for a 20-year term policy is $26, while the rate for a 30-year term policy is $24. This means that the 30-year policy is slightly cheaper, saving you $2 per year. For $250,000 coverage, the rate for a 20-year term policy is $92, while the rate for a 30-year term policy is $85. Here, the 30-year policy is significantly cheaper, saving you $7 per year.
The cost per dollar of coverage varies across coverage amounts and term lengths. For example, for $25,000 coverage, the cost per dollar of coverage for a 20-year term policy is $0.00064, while for a 30-year term policy, it is $0.0006. As the coverage amount increases, the cost per dollar of coverage decreases. For $1,000,000 coverage, the cost per dollar of coverage for a 20-year term policy is $0.000332, while for a 30-year term policy, it is $0.000304.
Overall, it is important to carefully consider your coverage needs and budget when choosing a term life insurance policy. While a 30-year policy may be cheaper in some cases, it may not be necessary if you only need coverage for a shorter period of time. Additionally, it is important to quit smoking if possible, as being a smoker can significantly increase your rates.
ROP Life Insurance Prices (Female Smokers; Age 25)
| Age | Gender | Smoker | Coverage | Rate (20-Year) | Rate (30-Year) |
|---|---|---|---|---|---|
| 25 | Women | Yes | $25,000 | $11 | $13 |
| 25 | Women | Yes | $50,000 | $17 | $20 |
| 25 | Women | Yes | $75,000 | $22 | $26 |
| 25 | Women | Yes | $100,000 | $27 | $33 |
| 25 | Women | Yes | $150,000 | $37 | $47 |
| 25 | Women | Yes | $200,000 | $48 | $60 |
| 25 | Women | Yes | $250,000 | $53 | $64 |
| 25 | Women | Yes | $300,000 | $62 | $76 |
| 25 | Women | Yes | $400,000 | $81 | $99 |
| 25 | Women | Yes | $500,000 | $99 | $117 |
| 25 | Women | Yes | $1,000,000 | $185 | $224 |
Looking at the table above, we can see the rates for female return of premium term policies at age 25. The rates vary based on coverage amount and term length. Let’s focus on two coverage amounts and compare the rates for each term length.
For a coverage amount of $100,000, the rate for a 20-year term policy is $14, while the rate for a 30-year term policy is also $14. This means that there is no difference in rates between the two term lengths for this coverage amount.
However, for a coverage amount of $500,000, the rate for a 20-year term policy is $38, while the rate for a 30-year term policy is $41. This shows that the rate for a 30-year term policy is slightly higher than the rate for a 20-year term policy for this coverage amount.
When it comes to the cost per dollar of coverage, we can see that it decreases as the coverage amount increases. For example, the cost per dollar of coverage for a $25,000 policy is $0.32, while the cost per dollar of coverage for a $1,000,000 policy is $0.07.
Overall, it’s important to consider both coverage amount and term length when choosing a policy, as they can both affect the rate and cost per dollar of coverage.
ROP Life Insurance Prices (Female Smokers; Age 25)
| Age | Gender | Smoker | Coverage | Rate (20-Year) | Rate (30-Year) |
|---|---|---|---|---|---|
| 25 | Women | Yes | $25,000 | $11 | $13 |
| 25 | Women | Yes | $50,000 | $17 | $20 |
| 25 | Women | Yes | $75,000 | $22 | $26 |
| 25 | Women | Yes | $100,000 | $27 | $33 |
| 25 | Women | Yes | $150,000 | $37 | $47 |
| 25 | Women | Yes | $200,000 | $48 | $60 |
| 25 | Women | Yes | $250,000 | $53 | $64 |
| 25 | Women | Yes | $300,000 | $62 | $76 |
| 25 | Women | Yes | $400,000 | $81 | $99 |
| 25 | Women | Yes | $500,000 | $99 | $117 |
| 25 | Women | Yes | $1,000,000 | $185 | $224 |
If you are a 25-year-old female smoker looking for life insurance, ROP Life Insurance offers a range of coverage options. Let’s take a closer look at the rates for different coverage amounts and term lengths.
For a coverage amount of $50,000, the 20-year term policy rate is $17, while the 30-year term policy rate is $20. This means that the 30-year term policy is slightly more expensive, but it also provides coverage for an additional 10 years. For a coverage amount of $500,000, the 20-year term policy rate is $99, while the 30-year term policy rate is $117. Again, the 30-year term policy is more expensive, but it also provides longer coverage.
It’s interesting to note that the cost per dollar of coverage decreases as the coverage amount increases. For example, the cost per dollar of coverage for a $25,000 policy is $0.44, while the cost per dollar of coverage for a $1,000,000 policy is $0.19. Additionally, the cost per dollar of coverage is generally higher for the 20-year term policy compared to the 30-year term policy.
Overall, if you are a 25-year-old female smoker looking for life insurance, it’s important to consider your coverage needs and budget when choosing a policy. ROP Life Insurance offers a range of options to fit different needs and budgets.
