Return of Premium Life Insurance Rates For 36-Year-Olds
- Updated: February 24, 2023
At 36, many individuals have reached new levels of personal and professional achievement. This is often a year of highpoints, when people may have launched a successful career, started a family, and established financial stability.
Hitting this important milestone is also the ideal time to begin considering life insurance, particularly if the individual has any dependents such as a spouse or children. Life insurance can help provide security in the event of an unexpected death and ensure that their family’s financial needs are met.
Additionally, life insurance can be important when it comes to estate planning. It can be used to pay off debts, make charitable donations, or provide an inheritance for loved ones. Life insurance can also be helpful for covering final expenses, such as funeral costs.
At this age, having life insurance coverage can also be crucial for health related reasons. People in their mid-thirties may start to experience age-related illnesses or ailments. By purchasing life insurance at this age, individuals can ensure that they are covered in the event of an unexpected illness or injury.
.
(Note: See here for 35-year-old ROP rates or the cost of ROP term life insurance for a 37-year-old.)
Table of Contents
Male Return of Premium Rates (Age 36)
| Age | Gender | Smoker | Coverage | Rate (20-Year) | Rate (30-Year) |
|---|---|---|---|---|---|
| 36 | Men | No | $25,000 | $12 | $11 |
| 36 | Men | No | $50,000 | $18 | $17 |
| 36 | Men | No | $75,000 | $24 | $22 |
| 36 | Men | No | $100,000 | $30 | $27 |
| 36 | Men | No | $150,000 | $43 | $38 |
| 36 | Men | No | $200,000 | $55 | $48 |
| 36 | Men | No | $250,000 | $52 | $54 |
| 36 | Men | No | $300,000 | $61 | $64 |
| 36 | Men | No | $400,000 | $79 | $83 |
| 36 | Men | No | $500,000 | $95 | $94 |
| 36 | Men | No | $1,000,000 | $174 | $171 |
Looking at the male return of premium rates for a 36-year-old, 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 $100,000 in coverage, the rate for a 20-year term policy is $30 and for a 30-year term policy, it is $27. On the other hand, for $500,000 in coverage, the rate for a 20-year term policy is $95 and for a 30-year term policy, it is $94. We can see that the rates for a 30-year term policy are lower than that of a 20-year term policy for both coverage amounts.
As for 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 $0.48, while for a $1,000,000 policy, it is $0.17. Additionally, we can see that the cost per dollar of coverage is higher for a 20-year term policy than for a 30-year term policy for all coverage amounts.
Overall, it’s important to consider both coverage amount and term length when selecting a policy, as the rates and cost per dollar of coverage can vary significantly.
ROP Term Life Cost (Male Smokers; Age 36)
| Age | Gender | Smoker | Coverage | Rate (20-Year) | Rate (30-Year) |
|---|---|---|---|---|---|
| 36 | Men | Yes | $25,000 | $28 | $23 |
| 36 | Men | Yes | $50,000 | $50 | $40 |
| 36 | Men | Yes | $75,000 | $72 | $57 |
| 36 | Men | Yes | $100,000 | $94 | $74 |
| 36 | Men | Yes | $150,000 | $138 | $108 |
| 36 | Men | Yes | $200,000 | $182 | $143 |
| 36 | Men | Yes | $250,000 | $189 | $151 |
| 36 | Men | Yes | $300,000 | $226 | $180 |
| 36 | Men | Yes | $400,000 | $299 | $238 |
| 36 | Men | Yes | $500,000 | $347 | $280 |
| 36 | Men | Yes | $1,000,000 | $665 | $539 |
If you are a 36-year-old male smoker looking for term life insurance coverage, the table above can give you an idea of the rates you can expect to pay. The table shows the rates for coverage amounts ranging from $25,000 to $1,000,000 for both 20-year and 30-year term policies.
Let’s take a closer look at the rates for two coverage amounts: $100,000 and $500,000. For a 20-year term policy with a coverage amount of $100,000, the rate is $94 per month. For a 30-year term policy with the same coverage amount, the rate drops to $74 per month. For a $500,000 coverage amount, the rate for a 20-year term policy is $347 per month and $280 per month for a 30-year term policy.
As you can see, the rates for a 30-year term policy are generally lower than those for a 20-year term policy. This is because the insurer is taking on a longer risk with a 30-year term policy, so the premiums are spread out over a longer period of time.
The cost per dollar of coverage also varies across coverage amounts and term lengths. For example, the cost per dollar of coverage for a 20-year term policy with a $25,000 coverage amount is $1.12, while the cost per dollar of coverage for a 30-year term policy with a $1,000,000 coverage amount is $0.54. In general, the cost per dollar of coverage decreases as the coverage amount increases and as the term length increases.
Overall, if you are a 36-year-old male smoker looking for term life insurance coverage, it is important to shop around and compare rates from multiple insurers to find the best policy for your needs and budget.
ROP Life Insurance Prices (Female Smokers; Age 36)
| Age | Gender | Smoker | Coverage | Rate (20-Year) | Rate (30-Year) |
|---|---|---|---|---|---|
| 36 | Women | Yes | $25,000 | $24 | $20 |
| 36 | Women | Yes | $50,000 | $43 | $34 |
| 36 | Women | Yes | $75,000 | $61 | $48 |
| 36 | Women | Yes | $100,000 | $79 | $62 |
| 36 | Women | Yes | $150,000 | $116 | $90 |
| 36 | Women | Yes | $200,000 | $153 | $118 |
| 36 | Women | Yes | $250,000 | $156 | $129 |
| 36 | Women | Yes | $300,000 | $186 | $154 |
| 36 | Women | Yes | $400,000 | $246 | $203 |
| 36 | Women | Yes | $500,000 | $271 | $230 |
| 36 | Women | Yes | $1,000,000 | $520 | $435 |
If you’re a 36-year-old non-smoking woman looking for a return of premium term life insurance policy, you have several options to choose from. Let’s take a closer look at the rates for different coverage amounts and term lengths.
For a $50,000 policy, the 20-year term rate is $16, while the 30-year term rate is $15. This means that you’ll pay $1 more per month for the 20-year term policy. For a $500,000 policy, the 20-year term rate is $76, while the 30-year term rate is $75. Here, the difference is only $1 per month as well.
When it comes to the cost per dollar of coverage, you’ll notice that it varies depending on the coverage amount and term length. For example, the cost per dollar of coverage for a $25,000 policy is $0.44 for both the 20-year and 30-year term lengths. However, for a $1,000,000 policy, the cost per dollar of coverage is $0.142 for the 20-year term and $0.135 for the 30-year term. This means that the 30-year term policy is slightly more affordable per dollar of coverage.
Overall, these rates show that return of premium term life insurance policies can be a cost-effective way to protect your loved ones in case of an unexpected death. However, it’s important to carefully consider your coverage needs and budget before choosing a policy.
ROP Life Insurance Prices (Female Smokers; Age 36)
| Age | Gender | Smoker | Coverage | Rate (20-Year) | Rate (30-Year) |
|---|---|---|---|---|---|
| 36 | Women | Yes | $25,000 | $24 | $20 |
| 36 | Women | Yes | $50,000 | $43 | $34 |
| 36 | Women | Yes | $75,000 | $61 | $48 |
| 36 | Women | Yes | $100,000 | $79 | $62 |
| 36 | Women | Yes | $150,000 | $116 | $90 |
| 36 | Women | Yes | $200,000 | $153 | $118 |
| 36 | Women | Yes | $250,000 | $156 | $129 |
| 36 | Women | Yes | $300,000 | $186 | $154 |
| 36 | Women | Yes | $400,000 | $246 | $203 |
| 36 | Women | Yes | $500,000 | $271 | $230 |
| 36 | Women | Yes | $1,000,000 | $520 | $435 |
If you are a female smoker at the age of 36 and you are considering purchasing a term life insurance policy, the above table can be helpful. The table shows the rates for different coverage amounts and term lengths offered by ROP Life Insurance.
Let’s say you are interested in purchasing a policy that provides $50,000 or $500,000 in coverage. For a 20-year term policy, the rate for $50,000 in coverage is $43, while the rate for $500,000 in coverage is $271. For a 30-year term policy, the rate for $50,000 in coverage is $34, while the rate for $500,000 in coverage is $230.
As you can see, the rates for a 30-year term policy are generally lower than those for a 20-year term policy. However, this is not always the case. For example, the rate for $250,000 in coverage is $156 for a 20-year term policy and $129 for a 30-year term policy.
It’s also worth noting that the cost per dollar of coverage decreases as the coverage amount increases. For example, the cost per dollar of coverage for a 20-year term policy is $1.72 for $25,000 in coverage, but only $1.04 for $1,000,000 in coverage. Similarly, the cost per dollar of coverage for a 30-year term policy is $1.50 for $25,000 in coverage, but only $0.87 for $1,000,000 in coverage.
Overall, the table shows that the cost of life insurance can vary significantly based on factors such as coverage amount, term length, age, and smoking status. It’s important to carefully consider your needs and budget before purchasing a policy.
