Return of Premium Life Insurance Rates For 39-Year-Olds
- Updated: February 25, 2023
At 39 years old, many individuals are reaching a point in life where they have achieved certain personal, professional, and financial goals. For instance, they may have established a career, started a family, and may even be approaching a level of financial stability.
Not only is 39 a time for celebration and reflection, but also for planning for the future. At this age, life insurance can be an extremely prudent and beneficial purchase.
It can protect families from unexpected tragedies, provide potential cash value if needed, and may even help cover medical expenses. Life insurance policies purchased at the age of 39 can also be incredibly valuable when it comes to estate planning. If an individual passes away, life insurance can determine how their remaining assets are divided and what is used to pay for final expenses.
Additionally, at 39, it is important to consider life insurance to protect loved ones in case of a serious illness or injury. As people age, they may have pre-existing health conditions that make life insurance coverage harder to obtain. By getting life insurance while still young and healthy, they may be able to ensure that their families are well-protected in the event of any unexpected hardships.
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(Note: See here for 38-year-old ROP rates or the cost of ROP term life insurance for a 40-year-old.)
Table of Contents
Male Return of Premium Rates (Age 39)
| Age | Gender | Smoker | Coverage | Rate (20-Year) | Rate (30-Year) |
|---|---|---|---|---|---|
| 39 | Men | No | $25,000 | $15 | $13 |
| 39 | Men | No | $50,000 | $23 | $20 |
| 39 | Men | No | $75,000 | $31 | $28 |
| 39 | Men | No | $100,000 | $40 | $35 |
| 39 | Men | No | $150,000 | $57 | $49 |
| 39 | Men | No | $200,000 | $74 | $64 |
| 39 | Men | No | $250,000 | $71 | $68 |
| 39 | Men | No | $300,000 | $84 | $81 |
| 39 | Men | No | $400,000 | $109 | $106 |
| 39 | Men | No | $500,000 | $130 | $124 |
| 39 | Men | No | $1,000,000 | $239 | $231 |
Looking at the male return of premium rates for a 39-year-old non-smoker, 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 $40, while the rate for a 30-year policy is $35. This means that the 30-year policy is slightly cheaper per year than the 20-year policy. For a $500,000 coverage amount, the rate for a 20-year term policy is $130, while the rate for a 30-year policy is $124. Again, the 30-year policy is slightly cheaper per year than the 20-year policy.
When looking at the cost per dollar of coverage, we can see that the rates decrease as the coverage amount increases. For example, the rate for a $25,000 coverage amount is $15 for a 20-year policy, while the rate for a $1,000,000 coverage amount is $239 for a 20-year policy. This means that the cost per dollar of coverage decreases as the coverage amount increases.
Overall, it is important to carefully consider coverage amount and term length when choosing a return of premium policy. By doing so, you can ensure that you are getting the best value for your money.
ROP Term Life Cost (Male Smokers; Age 39)
| Age | Gender | Smoker | Coverage | Rate (20-Year) | Rate (30-Year) |
|---|---|---|---|---|---|
| 39 | Men | Yes | $25,000 | $34 | $28 |
| 39 | Men | Yes | $50,000 | $61 | $50 |
| 39 | Men | Yes | $75,000 | $89 | $72 |
| 39 | Men | Yes | $100,000 | $117 | $94 |
| 39 | Men | Yes | $150,000 | $172 | $138 |
| 39 | Men | Yes | $200,000 | $227 | $183 |
| 39 | Men | Yes | $250,000 | $242 | $192 |
| 39 | Men | Yes | $300,000 | $290 | $229 |
| 39 | Men | Yes | $400,000 | $384 | $303 |
| 39 | Men | Yes | $500,000 | $435 | $358 |
| 39 | Men | Yes | $1,000,000 | $856 | $690 |
If you are a 39-year-old male smoker, the ROP term life insurance rates can be quite affordable. For instance, if you opt for a $50,000 coverage, you will pay $61 per month for a 20-year term policy or $50 per month for a 30-year term policy. The difference between the two rates is $11 per month, which may not seem like much, but it can add up over time.
If you need more coverage, say $500,000, you will pay $435 per month for a 20-year term policy or $358 per month for a 30-year term policy. Here, the difference between the two rates is $77 per month, which is more significant than the previous example.
Overall, the cost per dollar of coverage decreases as the coverage amount increases. For example, if you compare the monthly rate for a $25,000 coverage ($34 per month for a 20-year term policy) to that of a $1,000,000 coverage ($856 per month for a 20-year term policy), you will notice that the cost per dollar of coverage decreases from $1.36 to $0.86 as the coverage amount increases.
Similarly, the cost per dollar of coverage decreases as the term length increases. For instance, if you compare the monthly rate for a $500,000 coverage ($435 per month for a 20-year term policy) to that of a $500,000 coverage ($358 per month for a 30-year term policy), you will notice that the cost per dollar of coverage decreases from $0.87 to $0.72 as the term length increases.
In summary, ROP term life insurance rates for male smokers aged 39 can be quite affordable, and the cost per dollar of coverage varies across coverage amounts and term lengths. It is essential to choose the coverage amount and term length that best suits your needs and budget.
ROP Life Insurance Prices (Female Smokers; Age 39)
| Age | Gender | Smoker | Coverage | Rate (20-Year) | Rate (30-Year) |
|---|---|---|---|---|---|
| 39 | Women | Yes | $25,000 | $31 | $24 |
| 39 | Women | Yes | $50,000 | $56 | $43 |
| 39 | Women | Yes | $75,000 | $81 | $61 |
| 39 | Women | Yes | $100,000 | $106 | $79 |
| 39 | Women | Yes | $150,000 | $156 | $116 |
| 39 | Women | Yes | $200,000 | $206 | $153 |
| 39 | Women | Yes | $250,000 | $221 | $161 |
| 39 | Women | Yes | $300,000 | $264 | $192 |
| 39 | Women | Yes | $400,000 | $350 | $254 |
| 39 | Women | Yes | $500,000 | $359 | $300 |
| 39 | Women | Yes | $1,000,000 | $708 | $574 |
For a 39-year-old non-smoking woman, the rates for female return of premium term policies vary based on coverage amount and term length. Let’s take a look at two coverage amounts as an example. For a $100,000 policy, the rate for a 20-year term is $32 and for a 30-year term is $28. However, for a $500,000 policy, the rate for a 20-year term is $99 and for a 30-year term is $96.
The difference in rates between a 20-year and a 30-year term policy is not significant for smaller coverage amounts, but it becomes more noticeable as the coverage amount increases. For example, for a $100,000 policy, the difference in rates between a 20-year and a 30-year term is only $4, whereas for a $500,000 policy, the difference is $3.
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 $0.52 for a 20-year term and $0.48 for a 30-year term. However, for a $1,000,000 policy, the cost per dollar of coverage is $0.19 for a 20-year term and $0.18 for a 30-year term. This means that the larger the coverage amount, the more cost-effective it is to opt for a longer term length.
ROP Life Insurance Prices (Female Smokers; Age 39)
| Age | Gender | Smoker | Coverage | Rate (20-Year) | Rate (30-Year) |
|---|---|---|---|---|---|
| 39 | Women | Yes | $25,000 | $31 | $24 |
| 39 | Women | Yes | $50,000 | $56 | $43 |
| 39 | Women | Yes | $75,000 | $81 | $61 |
| 39 | Women | Yes | $100,000 | $106 | $79 |
| 39 | Women | Yes | $150,000 | $156 | $116 |
| 39 | Women | Yes | $200,000 | $206 | $153 |
| 39 | Women | Yes | $250,000 | $221 | $161 |
| 39 | Women | Yes | $300,000 | $264 | $192 |
| 39 | Women | Yes | $400,000 | $350 | $254 |
| 39 | Women | Yes | $500,000 | $359 | $300 |
| 39 | Women | Yes | $1,000,000 | $708 | $574 |
If you are a 39-year-old female smoker, you may be interested in knowing the rates for ROP life insurance policies. The table above shows the rates for different coverage amounts and term lengths. Let’s take a look at the rates for two coverage amounts.
For a $50,000 coverage amount, the rate for a 20-year term policy is $56, while the rate for a 30-year term policy is $43. This means that the 30-year term policy is cheaper by $13 per month. For a $250,000 coverage amount, the rate for a 20-year term policy is $221, while the rate for a 30-year term policy is $161. Here, the difference is $60 per month, with the 30-year term policy being cheaper.
As for 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 $0.00124 for a 20-year term policy and $0.00096 for a 30-year term policy. However, for a $1,000,000 coverage amount, the cost per dollar of coverage is $0.00071 for a 20-year term policy and $0.00057 for a 30-year term policy. This means that the cost per dollar of coverage decreases as the coverage amount increases and as the term length increases.
Overall, it is important to consider your specific needs and budget when choosing a coverage amount and term length for your ROP life insurance policy.
