Return of Premium Life Insurance Rates For 33-Year-Olds
- Updated: February 24, 2023
At 33, many people are starting to reach some significant milestones in both their personal and professional lives. This age often marks a period of financial stability, when people have established careers and may have begun to purchase homes or have families.
At 33, people may also start to consider their long-term future and retirement plans. This may include taking out a life insurance policy, which can provide security in the event of an untimely death.
Having a life insurance policy can ensure that any dependents are not left in financial hardship should the unexpected happen. Additionally, people may begin to take on more financial obligations around this age, such as sending their children to college or paying a mortgage. Having a life insurance policy in place can help relieve the burden of financial responsibility in the event of their death.
Finally, taking out a life insurance policy at 33 may also be advantageous since health issues may become more pronounced at this age. This means it could be harder to obtain life insurance later in life. Taking out a policy now can ensure that coverage is in place should health problems arise in the future.
(Note: See here for 32-year-old ROP rates or the cost of ROP term life insurance for a 34-year-old.)
Table of Contents
Male Return of Premium Rates (Age 33)
| Age | Gender | Smoker | Coverage | Rate (20-Year) | Rate (30-Year) |
|---|---|---|---|---|---|
| 33 | Men | No | $25,000 | $11 | $10 |
| 33 | Men | No | $50,000 | $15 | $14 |
| 33 | Men | No | $75,000 | $20 | $18 |
| 33 | Men | No | $100,000 | $25 | $22 |
| 33 | Men | No | $150,000 | $34 | $29 |
| 33 | Men | No | $200,000 | $43 | $37 |
| 33 | Men | No | $250,000 | $40 | $42 |
| 33 | Men | No | $300,000 | $47 | $49 |
| 33 | Men | No | $400,000 | $61 | $64 |
| 33 | Men | No | $500,000 | $74 | $72 |
| 33 | Men | No | $1,000,000 | $135 | $129 |
Looking at the table above, we can see the rates for male return of premium policies for a 33-year-old non-smoker. Let’s focus on two coverage amounts and compare the rates for a 20-year and 30-year term policy.
For a $100,000 coverage amount, the rate for a 20-year term policy is $25, while the rate for a 30-year term policy is $22. This means that the rate is lower for a 30-year term policy, saving the policyholder $3 per month.
For a $500,000 coverage amount, the rate for a 20-year term policy is $74, while the rate for a 30-year term policy is $72. This time, the difference in rates is only $2 per month.
It’s interesting to note that the cost per dollar of coverage decreases as the coverage amount increases. For example, the rate for a $25,000 policy is $11, while the rate for a $1,000,000 policy is $135. This means that the cost per dollar of coverage is much higher for a smaller policy.
Overall, it’s important to consider the coverage amount and term length when choosing a return of premium policy. While a longer term may result in a slightly lower rate, it’s important to make sure that the coverage amount is sufficient for your needs.
ROP Term Life Cost (Male Smokers; Age 33)
| Age | Gender | Smoker | Coverage | Rate (20-Year) | Rate (30-Year) |
|---|---|---|---|---|---|
| 33 | Men | Yes | $25,000 | $23 | $19 |
| 33 | Men | Yes | $50,000 | $41 | $32 |
| 33 | Men | Yes | $75,000 | $58 | $44 |
| 33 | Men | Yes | $100,000 | $75 | $57 |
| 33 | Men | Yes | $150,000 | $110 | $82 |
| 33 | Men | Yes | $200,000 | $145 | $108 |
| 33 | Men | Yes | $250,000 | $149 | $115 |
| 33 | Men | Yes | $300,000 | $178 | $137 |
| 33 | Men | Yes | $400,000 | $235 | $180 |
| 33 | Men | Yes | $500,000 | $275 | $212 |
| 33 | Men | Yes | $1,000,000 | $526 | $410 |
If you’re a male smoker at the age of 33, you’re probably wondering how much it will cost to get a term life insurance policy. Well, according to the table above, you can get coverage ranging from $25,000 to $1,000,000. Let’s take a look at the rates for two coverage amounts.
For a $50,000 policy, the rate for a 20-year term is $41, while the rate for a 30-year term is $32. This means that the 30-year term policy is cheaper by $9 per month. For a $300,000 policy, the rate for a 20-year term is $178, while the rate for a 30-year term is $137. This means that the 30-year term policy is cheaper by $41 per month.
Overall, the cost per dollar of coverage decreases as the coverage amount increases. For example, a $25,000 policy has a rate of $23 for a 20-year term, while a $1,000,000 policy has a rate of $526 for a 20-year term. This means that the cost per dollar of coverage is higher for the $25,000 policy than for the $1,000,000 policy. The same trend applies for the 30-year term policies.
In conclusion, if you’re a male smoker at the age of 33, getting a term life insurance policy is definitely possible. The rates vary depending on the coverage amount and the term length, so it’s important to choose the option that fits your needs and budget the best.
ROP Life Insurance Prices (Female Smokers; Age 33)
| Age | Gender | Smoker | Coverage | Rate (20-Year) | Rate (30-Year) |
|---|---|---|---|---|---|
| 33 | Women | Yes | $25,000 | $20 | $16 |
| 33 | Women | Yes | $50,000 | $33 | $26 |
| 33 | Women | Yes | $75,000 | $46 | $36 |
| 33 | Women | Yes | $100,000 | $60 | $46 |
| 33 | Women | Yes | $150,000 | $87 | $66 |
| 33 | Women | Yes | $200,000 | $113 | $86 |
| 33 | Women | Yes | $250,000 | $112 | $95 |
| 33 | Women | Yes | $300,000 | $133 | $112 |
| 33 | Women | Yes | $400,000 | $175 | $148 |
| 33 | Women | Yes | $500,000 | $207 | $167 |
| 33 | Women | Yes | $1,000,000 | $393 | $315 |
If you are a 33-year-old non-smoking woman looking for a return of premium term policy, you have a variety of coverage options to choose from. Let’s take a look at the rates for different coverage amounts and term lengths.
For a coverage amount of $100,000, the rate for a 20-year term policy is $20, while the rate for a 30-year term policy is $19. This means that the 30-year term policy is slightly cheaper on a per-year basis. For a coverage amount of $500,000, the rate for a 20-year term policy is $57, while the rate for a 30-year term policy is $56. Again, the 30-year term policy is slightly cheaper per year.
It’s interesting to note that the cost per dollar of coverage decreases as the coverage amount increases. For example, the rate for a $25,000 policy is $10, while the rate for a $1,000,000 policy is $106. This means that the cost per dollar of coverage is much higher for the smaller policy. Additionally, the rate per year decreases as the term length increases, meaning that a longer term policy is generally more cost-effective in the long run.
Overall, if you are a 33-year-old non-smoking woman looking for a return of premium term policy, you have a variety of options to choose from. The rates vary based on coverage amount and term length, so it’s important to consider your individual needs and budget when selecting a policy.
ROP Life Insurance Prices (Female Smokers; Age 33)
| Age | Gender | Smoker | Coverage | Rate (20-Year) | Rate (30-Year) |
|---|---|---|---|---|---|
| 33 | Women | Yes | $25,000 | $20 | $16 |
| 33 | Women | Yes | $50,000 | $33 | $26 |
| 33 | Women | Yes | $75,000 | $46 | $36 |
| 33 | Women | Yes | $100,000 | $60 | $46 |
| 33 | Women | Yes | $150,000 | $87 | $66 |
| 33 | Women | Yes | $200,000 | $113 | $86 |
| 33 | Women | Yes | $250,000 | $112 | $95 |
| 33 | Women | Yes | $300,000 | $133 | $112 |
| 33 | Women | Yes | $400,000 | $175 | $148 |
| 33 | Women | Yes | $500,000 | $207 | $167 |
| 33 | Women | Yes | $1,000,000 | $393 | $315 |
Looking at the table, we can see the prices for ROP life insurance for female smokers who are 33 years old. Let’s take a closer look at the rates for two different coverage amounts. For a coverage amount of $50,000, the rate for a 20-year term policy is $33, while the rate for a 30-year term policy is $26. This means that the 30-year term policy is cheaper by $7 per year. For a coverage amount of $500,000, the rate for a 20-year term policy is $207, while the rate for a 30-year term policy is $167. In this case, the 30-year term policy is cheaper by $40 per year.
It’s interesting to note that the cost per dollar of coverage decreases as the coverage amount increases. For example, for a 20-year term policy, the cost per dollar of coverage for a $25,000 policy is $0.80, while for a $1,000,000 policy, it’s $0.39. Similarly, for a 30-year term policy, the cost per dollar of coverage for a $25,000 policy is $0.64, while for a $1,000,000 policy, it’s $0.32. This means that the more coverage you get, the more value you get for your money.
In summary, the rates for ROP life insurance for female smokers who are 33 years old vary based on coverage amount and term length. The 30-year term policies are generally cheaper than the 20-year term policies, and the cost per dollar of coverage decreases as the coverage amount increases.
