Return of Premium Life Insurance Rates For 49-Year-Olds
- Updated: February 20, 2023
By the age of 49, many individuals have hit many of life’s most important milestones. By this age, they may have established a successful career, have started a family, and have gained a certain level of financial stability.
49 often marks the end of middle age and therefore is an important point for reflection. At this age, some people may begin to think about their mortality and start to plan for their future by considering life insurance.
As someone enters their 50s, their need for life insurance may increase due to more responsibilities and financial obligations. For example, if at the age of 49 a person still has young children who depend on them , life insurance can provide a safety net that can help ensure their children’s needs are still met in the case of an unexpected death. Additionally, life insurance can be important as part of an estate plan, as it can provide financial resources to loved ones and pay for final expenses.
As age 49 also marks the point when some people may begin to experience more health issues, making it more difficult to secure life insurance coverage, it is important to purchase life insurance at this age if needed. By doing so, individuals can ensure that they are covered in the event of an unexpected illness or injury.
(Note: See here for 48-year-old ROP rates or the cost of ROP term life insurance for a 50-year-old.)
Table of Contents
Male Return of Premium Rates (Age 49)
| Age | Gender | Smoker | Coverage | Rate (20-Year) | Rate (30-Year) |
|---|---|---|---|---|---|
| 49 | Men | No | $25,000 | $30 | $25 |
| 49 | Men | No | $50,000 | $53 | $43 |
| 49 | Men | No | $75,000 | $77 | $61 |
| 49 | Men | No | $100,000 | $101 | $80 |
| 49 | Men | No | $150,000 | $148 | $117 |
| 49 | Men | No | $200,000 | $195 | $154 |
| 49 | Men | No | $250,000 | $184 | $165 |
| 49 | Men | No | $300,000 | $220 | $197 |
| 49 | Men | No | $400,000 | $291 | $260 |
| 49 | Men | No | $500,000 | $321 | $302 |
| 49 | Men | No | $1,000,000 | $598 | $581 |
If you’re a 49-year-old non-smoking man looking for a return of premium life insurance policy, you might be interested in the rates listed above. The rates vary depending on the coverage amount and term length you choose.
Let’s say you’re interested in a policy with a coverage amount of $50,000. The 20-year term policy would cost you $53 per month, while the 30-year term policy would cost you $43 per month. That’s a difference of $10 per month, or $120 per year. If you’re looking for a higher coverage amount, such as $500,000, the 20-year term policy would cost you $321 per month, while the 30-year term policy would cost you $302 per month. That’s a difference of $19 per month, or $228 per year.
When looking at the cost per dollar of coverage, you can see that it varies across coverage amounts and term lengths. For example, the cost per dollar of coverage for the $50,000 policy is $0.00106 for the 20-year term policy and $0.00086 for the 30-year term policy. The cost per dollar of coverage for the $500,000 policy is $0.00064 for the 20-year term policy and $0.00060 for the 30-year term policy.
Overall, if you’re a 49-year-old non-smoking man looking for a return of premium life insurance policy, you have a variety of options to choose from based on your coverage needs and budget.
ROP Term Life Cost (Male Smokers; Age 49)
| Age | Gender | Smoker | Coverage | Rate (20-Year) | Rate (30-Year) |
|---|---|---|---|---|---|
| 49 | Men | Yes | $25,000 | $81 | $56 |
| 49 | Men | Yes | $50,000 | $157 | $105 |
| 49 | Men | Yes | $75,000 | $232 | $155 |
| 49 | Men | Yes | $100,000 | $307 | $204 |
| 49 | Men | Yes | $150,000 | $458 | $303 |
| 49 | Men | Yes | $200,000 | $608 | $402 |
| 49 | Men | Yes | $250,000 | $621 | $438 |
| 49 | Men | Yes | $300,000 | $744 | $525 |
| 49 | Men | Yes | $400,000 | $990 | $698 |
| 49 | Men | Yes | $500,000 | $1,091 | $782 |
| 49 | Men | Yes | $1,000,000 | $2,162 | $1,529 |
If you are a male smoker at age 49, you might be interested in the ROP Term Life Cost table above. The table provides rates for 20-year and 30-year term policies for different coverage amounts.
Let’s say you are interested in getting either $50,000 or $500,000 coverage. For $50,000 coverage, the 20-year term policy rate is $157, while the 30-year term policy rate is $105. This means that the 20-year term policy is more expensive by $52. For $500,000 coverage, the 20-year term policy rate is $1,091, while the 30-year term policy rate is $782. This means that the 20-year term policy is more expensive by $309.
The cost per dollar of coverage decreases as the coverage amount increases. For example, for $25,000 coverage, the 20-year term policy rate is $81, while for $1,000,000 coverage, the 20-year term policy rate is $2,162. This means that the cost per dollar of coverage decreases from $3.24 to $0.00216 as the coverage amount increases.
In summary, the ROP Term Life Cost table above provides rates for male smokers at age 49 for different coverage amounts and term lengths. The rates vary depending on the coverage amount and term length, and the cost per dollar of coverage decreases as the coverage amount increases.
ROP Life Insurance Prices (Female Smokers; Age 49)
| Age | Gender | Smoker | Coverage | Rate (20-Year) | Rate (30-Year) |
|---|---|---|---|---|---|
| 49 | Women | Yes | $25,000 | $66 | $48 |
| 49 | Women | Yes | $50,000 | $126 | $89 |
| 49 | Women | Yes | $75,000 | $186 | $131 |
| 49 | Women | Yes | $100,000 | $245 | $172 |
| 49 | Women | Yes | $150,000 | $365 | $255 |
| 49 | Women | Yes | $200,000 | $485 | $338 |
| 49 | Women | Yes | $250,000 | $515 | $368 |
| 49 | Women | Yes | $300,000 | $617 | $440 |
| 49 | Women | Yes | $400,000 | $820 | $585 |
| 49 | Women | Yes | $500,000 | $920 | $662 |
| 49 | Women | Yes | $1,000,000 | $1,813 | $1,281 |
If you’re a 49-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 look at the rates for different coverage amounts and term lengths.
For a $100,000 policy, you can choose between a 20-year term for $77 per month or a 30-year term for $63 per month. That’s a difference of $14 per month or $168 per year. If you opt for a $500,000 policy, the rates are $244 per month for a 20-year term and $228 per month for a 30-year term. Here, the difference is only $16 per month or $192 per year.
As you can see, 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 $0.96 for a 20-year term and $0.80 for a 30-year term. However, for a $1,000,000 policy, the cost per dollar of coverage drops to $0.46 for a 20-year term and $0.44 for a 30-year term.
Overall, it’s important to consider both the coverage amount and term length when choosing a return of premium term life insurance policy. While the cost per dollar of coverage decreases as the coverage amount increases, the cost difference between a 20-year and 30-year term can vary depending on the coverage amount.
ROP Life Insurance Prices (Female Smokers; Age 49)
| Age | Gender | Smoker | Coverage | Rate (20-Year) | Rate (30-Year) |
|---|---|---|---|---|---|
| 49 | Women | Yes | $25,000 | $66 | $48 |
| 49 | Women | Yes | $50,000 | $126 | $89 |
| 49 | Women | Yes | $75,000 | $186 | $131 |
| 49 | Women | Yes | $100,000 | $245 | $172 |
| 49 | Women | Yes | $150,000 | $365 | $255 |
| 49 | Women | Yes | $200,000 | $485 | $338 |
| 49 | Women | Yes | $250,000 | $515 | $368 |
| 49 | Women | Yes | $300,000 | $617 | $440 |
| 49 | Women | Yes | $400,000 | $820 | $585 |
| 49 | Women | Yes | $500,000 | $920 | $662 |
| 49 | Women | Yes | $1,000,000 | $1,813 | $1,281 |
Looking at the table above, we can see the prices for ROP life insurance for female smokers who are 49 years old. The rates are broken down by coverage amount and term length.
Let’s take a closer look at the rates for two coverage amounts. For a $100,000 coverage amount, the rate for a 20-year policy is $245, while the rate for a 30-year policy is $172. For a $500,000 coverage amount, the rate for a 20-year policy is $920, while the rate for a 30-year policy is $662. As we can see, the rates for a 30-year policy are generally lower than those for a 20-year policy.
When we look at the cost per dollar of coverage, we can see that it varies depending on the coverage amount and term length. For example, for a $25,000 coverage amount, the cost per dollar of coverage for a 20-year policy is $0.0026, while for a 30-year policy, it is $0.0019. However, for a $1,000,000 coverage amount, the cost per dollar of coverage for a 20-year policy is $0.0018, while for a 30-year policy, it is $0.0013. Generally, the cost per dollar of coverage decreases as the coverage amount increases and as the term length increases.
Overall, it is important to carefully consider coverage amount and term length when choosing a life insurance policy. By comparing rates and cost per dollar of coverage, individuals can make an informed decision about which policy best fits their needs and budget.
