Return of Premium Life Insurance Rates For 44-Year-Olds
- Updated: February 26, 2023
Forty-four is an important age in life for several reasons. At 44, individuals are often more established in their career, may have put away more money for retirement and may have had more time to build up their assets.
This age can also be a time for reflection and setting important life goals, such as raising children and taking care of family members.However, this is also an age where life demands and responsibilities can be at their peak.
Many 44 year olds are in the midst of managing family responsibilities and financial obligations, and this can make it more important to plan for their future. One important way to do this can be through life insurance.At 44, individuals may have aging parents or young children who rely on them financially.
In the event of an unexpected death, life insurance can help ensure that they are taken care of and that their final expenses are covered. Furthermore, life insurance can be an important part of estate planning, as it helps to ensure that loved ones who may not have their own resources are still provided for.Finally, health issues can become more common as people reach their 40s.
By purchasing life insurance at 44, individuals can help ensure that they are protected in the event of an unexpected illness or injury. With the right coverage, they can have peace of mind that their loved ones will be taken care of if the worst should happen.
(Note: See here for 43-year-old ROP rates or the cost of ROP term life insurance for a 45-year-old.)
Table of Contents
Male Return of Premium Rates (Age 44)
| Age | Gender | Smoker | Coverage | Rate (20-Year) | Rate (30-Year) |
|---|---|---|---|---|---|
| 44 | Men | No | $25,000 | $21 | $18 |
| 44 | Men | No | $50,000 | $35 | $29 |
| 44 | Men | No | $75,000 | $50 | $41 |
| 44 | Men | No | $100,000 | $64 | $52 |
| 44 | Men | No | $150,000 | $93 | $76 |
| 44 | Men | No | $200,000 | $123 | $99 |
| 44 | Men | No | $250,000 | $111 | $106 |
| 44 | Men | No | $300,000 | $132 | $126 |
| 44 | Men | No | $400,000 | $174 | $167 |
| 44 | Men | No | $500,000 | $204 | $189 |
| 44 | Men | No | $1,000,000 | $380 | $364 |
If you are a 44-year-old non-smoking man looking for a return of premium life insurance policy, you may find the above table helpful. The table provides rates for coverage amounts ranging from $25,000 to $1,000,000 for both 20-year and 30-year term policies.
Let’s say you are interested in a $100,000 policy. The rate for a 20-year term policy is $64, while the rate for a 30-year term policy is $52. This means that the 30-year term policy is cheaper by $12 per year, which can add up to significant savings over the life of the policy.
Now, let’s say you are interested in a $500,000 policy. The rate for a 20-year term policy is $204, while the rate for a 30-year term policy is $189. Here, the difference in rates between the two term lengths is smaller, only $15 per year. However, it’s still worth considering whether the savings are significant enough to justify a longer-term policy.
When it comes to cost per dollar of coverage, we can see that the rates generally decrease as the coverage amount increases. For example, the rate for a $25,000 policy is $21 for a 20-year term and $18 for a 30-year term, while the rate for a $1,000,000 policy is $380 for a 20-year term and $364 for a 30-year term. This means that the cost per dollar of coverage decreases as the coverage amount increases.
In summary, the table provides useful information for those looking for return of premium life insurance policies. It’s important to consider both the coverage amount and the term length when choosing a policy, as well as the cost per dollar of coverage.
ROP Term Life Cost (Male Smokers; Age 44)
| Age | Gender | Smoker | Coverage | Rate (20-Year) | Rate (30-Year) |
|---|---|---|---|---|---|
| 44 | Men | Yes | $25,000 | $54 | $41 |
| 44 | Men | Yes | $50,000 | $102 | $75 |
| 44 | Men | Yes | $75,000 | $151 | $109 |
| 44 | Men | Yes | $100,000 | $199 | $144 |
| 44 | Men | Yes | $150,000 | $295 | $213 |
| 44 | Men | Yes | $200,000 | $392 | $282 |
| 44 | Men | Yes | $250,000 | $413 | $302 |
| 44 | Men | Yes | $300,000 | $495 | $361 |
| 44 | Men | Yes | $400,000 | $658 | $479 |
| 44 | Men | Yes | $500,000 | $699 | $554 |
| 44 | Men | Yes | $1,000,000 | $1,379 | $1,067 |
If you’re a male smoker at the age of 44 and looking for term life insurance, the table above shows the rates for ROP (Return of Premium) policies. The rates are based on the coverage amount and the term length.
Let’s say you’re interested in a $50,000 coverage amount. The 20-year term policy rate is $102, while the 30-year term policy rate is $75. That’s a difference of $27 per month. If you’re looking for a higher coverage amount of $500,000, the 20-year term policy rate is $699, while the 30-year term policy rate is $554. That’s a difference of $145 per month.
The cost per dollar of coverage decreases as the coverage amount increases. For example, the cost per dollar of coverage for a $25,000 coverage amount on a 20-year term policy is $0.00216, while the cost per dollar of coverage for a $1,000,000 coverage amount on a 20-year term policy is $0.001379. The cost per dollar of coverage is lower for the 30-year term policy as well.
In conclusion, if you’re a male smoker at the age of 44, the rates for ROP term life insurance policies vary based on coverage amount and term length. The cost per dollar of coverage decreases as the coverage amount increases, and the 30-year term policy has lower rates than the 20-year term policy.
ROP Life Insurance Prices (Female Smokers; Age 44)
| Age | Gender | Smoker | Coverage | Rate (20-Year) | Rate (30-Year) |
|---|---|---|---|---|---|
| 44 | Women | Yes | $25,000 | $49 | $36 |
| 44 | Women | Yes | $50,000 | $93 | $65 |
| 44 | Women | Yes | $75,000 | $136 | $95 |
| 44 | Women | Yes | $100,000 | $180 | $124 |
| 44 | Women | Yes | $150,000 | $266 | $183 |
| 44 | Women | Yes | $200,000 | $353 | $242 |
| 44 | Women | Yes | $250,000 | $347 | $271 |
| 44 | Women | Yes | $300,000 | $415 | $325 |
| 44 | Women | Yes | $400,000 | $551 | $431 |
| 44 | Women | Yes | $500,000 | $622 | $462 |
| 44 | Women | Yes | $1,000,000 | $1,187 | $908 |
If you’re a 44-year-old woman who doesn’t smoke, you might be interested in a return of premium term life insurance policy. Let’s take a look at the rates for different coverage amounts and term lengths.
For a $50,000 policy, the rate for a 20-year term is $28, while the rate for a 30-year term is $23. That’s a difference of $5 per month, or $60 per year. For a $500,000 policy, the rate for a 20-year term is $154, while the rate for a 30-year term is $144. That’s a difference of $10 per month, or $120 per year.
Overall, 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 $0.68 for a 20-year term and $0.60 for a 30-year term. But for a $1,000,000 policy, the cost per dollar of coverage is only $0.29 for a 20-year term and $0.27 for a 30-year term.
In summary, if you’re a 44-year-old woman who doesn’t smoke, a return of premium term life insurance policy could be a good option for you. The rates vary depending on the coverage amount and term length, but generally speaking, the cost per dollar of coverage decreases as the coverage amount increases.
ROP Life Insurance Prices (Female Smokers; Age 44)
| Age | Gender | Smoker | Coverage | Rate (20-Year) | Rate (30-Year) |
|---|---|---|---|---|---|
| 44 | Women | Yes | $25,000 | $49 | $36 |
| 44 | Women | Yes | $50,000 | $93 | $65 |
| 44 | Women | Yes | $75,000 | $136 | $95 |
| 44 | Women | Yes | $100,000 | $180 | $124 |
| 44 | Women | Yes | $150,000 | $266 | $183 |
| 44 | Women | Yes | $200,000 | $353 | $242 |
| 44 | Women | Yes | $250,000 | $347 | $271 |
| 44 | Women | Yes | $300,000 | $415 | $325 |
| 44 | Women | Yes | $400,000 | $551 | $431 |
| 44 | Women | Yes | $500,000 | $622 | $462 |
| 44 | Women | Yes | $1,000,000 | $1,187 | $908 |
If you’re a 44-year-old female smoker looking for life insurance, the table above shows the rates you can expect to pay for different coverage amounts and term lengths. Let’s take a closer look at the numbers.
First, let’s choose two coverage amounts and compare the rates for each. If you’re looking for a $100,000 policy, you can expect to pay $180 per month for a 20-year term or $124 per month for a 30-year term. If you want a higher coverage amount, say $500,000, the rates increase to $622 per month for a 20-year term and $462 per month for a 30-year term.
Secondly, let’s consider the difference in rates between a 20-year and a 30-year term policy for the coverage amounts we just looked at. For the $100,000 policy, the 20-year term is $56 more expensive per month than the 30-year term. For the $500,000 policy, the 20-year term is $160 more expensive per month than the 30-year term. So, in general, the longer the term, the lower the monthly rate.
Finally, let’s see how the cost per dollar of coverage varies across coverage amounts and term lengths. For the $100,000 policy, the cost per dollar of coverage is $0.0018 for the 20-year term and $0.0012 for the 30-year term. For the $500,000 policy, the cost per dollar of coverage is $0.0012 for the 20-year term and $0.0009 for the 30-year term. As you can see, the cost per dollar of coverage decreases as the coverage amount increases and as the term lengthens.
Overall, these rates can give you an idea of what you might expect to pay for life insurance as a 44-year-old female smoker. However, keep in mind that your individual rates may vary depending on factors such as your health, lifestyle, and family history. It’s always a good idea to shop around and compare rates from multiple insurance providers before making a decision.
