What are guaranteed issue life insurance rates by age? There is no average—a non-tobacco male age 60 often pays about $95 per month for $15,000 of guaranteed issue whole life in our Gerber illustration file. Guaranteed issue life insurance rates by age are monthly premiums for small permanent policies that approve without health questions; cost rises with issue age, gender, and face amount and usually sits above simplified final expense for the same coverage because the carrier assumes unknown health risk.
These figures are illustrative, not a quote or an offer to insure. Actual guaranteed issue life insurance cost depends on state approval, product design, and the graded benefit schedule in your contract. This is general education, not tax or legal advice; talk with a licensed agent about your situation.
Compare guaranteed issue rates
The chart is directional. Compare guaranteed issue quotes at your age — and see whether simplified issue would cost less.
Key Takeaways
- Chart-first answer. Guaranteed issue rates by age climb quickly after 60—use the chart to compare monthly cost at 50, 60, and 70.
- No health questions. Approval is automatic within eligible age bands; premiums reflect that unknown risk.
- Graded benefit. Most policies pay limited benefits for natural death in years one and two; read the contract before you buy.
- Higher cost per dollar. Guaranteed issue usually costs more than simplified burial insurance at the same age and face amount.
- Small face amounts. Caps are typically $5,000 to $25,000—not income replacement coverage.
2026 Guaranteed Issue Rates by Age — Methodology
Local Life Agents compiled guaranteed issue premium snapshots from Gerber illustrations in August 2026. Figures are non-tobacco unless noted. Use the Female and Male tabs on the rate chart below to compare monthly cost by age for $5,000 through $25,000 face amounts. Most policies include a two-year graded death benefit for natural causes. Actual premiums vary by state and carrier product guidelines.
- Data source
- Local Life Agents carrier illustrations (Gerber)
- Carriers
- Gerber
- Date range
- August 2026
- States
- All 50 states
Guaranteed issue life insurance rates by age chart
This guaranteed issue life insurance rates by age chart shows monthly premiums from our Gerber illustration file. Switch Female or Male tabs and read down each column to compare cost at ages 50, 60, and 70. Rates as of August 2026; your offer can differ.
| Age | $5,000 | $10,000 | $15,000 | $20,000 | $25,000 |
|---|---|---|---|---|---|
| 50 | $17.69 | $34.47 | $51.24 | $68.02 | $84.79 |
| 60 | $25.99 | $51.06 | $76.13 | $101.20 | $126.27 |
| 70 | $38.23 | $75.53 | $112.81 | $150.15 | $187.46 |
Source: Gerber guaranteed issue whole life, non-tobacco rates via Local Life Agents carrier data. Valid as of August 2026.
How much does guaranteed issue life insurance cost by age?
Guaranteed issue life insurance cost by age is higher per dollar of coverage than simplified final expense because the carrier takes applicants without health screening. The chart above shows how monthly cost scales with age and face amount—every extra $5,000 of death benefit adds proportional premium.
Premiums are level for life once issued. The tradeoff is upfront cost and graded benefit rules, not rising payments in later years.
For how guaranteed issue life insurance works—graded benefit, eligibility ages, and when to try simplified issue first—see the main guide. This page focuses on the rate chart and cost by age.
What affects guaranteed issue life insurance cost by age?
- Age at issue — Older applicants pay more; see the chart for age-by-age comparisons.
- Gender — Women usually pay less at the same age because of longer average life expectancy.
- Face amount — More death benefit costs more per month; compare columns from $5K to $25K.
- Carrier product — Gerber is one common guaranteed issue market; other carriers price differently.
- State and product rules — Issue ages and face amount caps vary by state.
Guaranteed issue vs burial insurance rates by age
Simplified burial insurance asks health questions and usually costs less per month than guaranteed issue at the same age and face amount. If you can qualify on simplified issue, you typically get lower guaranteed issue life insurance cost and day-one full benefits. Compare our burial insurance rates by age chart before you default to guaranteed issue pricing.
Expert Tip: Guaranteed issue is the backup plan
I only steer clients to guaranteed issue when simplified final expense has declined them or when health is too impaired to answer questions honestly. The rates by age chart makes the cost gap obvious—use it to show why trying simplified issue first is worth the extra application step.
—Ryan Wood
Conclusion
Guaranteed issue life insurance rates by age chart rows look expensive because you are buying approval without health questions—not because the math is random. As an independent agency, we compare guaranteed issue against simplified final expense so you do not pay GI pricing if you could qualify elsewhere. Use the chart for directional cost by age, then run quotes when you know which path fits. Return to our life insurance hub for product guides.
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