Accurate, 20 Year Term Insurance Quotes.
Need a 20 year term life insurance policy?
A 20 year term life insurance policy is a life insurance policy that lasts for 20 years. Term policies offer level premiums, which means you will lock in your premiums for 20 years once you qualify and are approved for the policy.
You have a few different options when choosing a 20 year term policy.
- A fully underwritten policy that requires a medical exam
- A simplified underwritten option that does not require a medical exam
We created a one of kind quote engine, it automatically shows you the best rates from the top no exam life policies and fully underwritten policies. Local Life Agents is the only life insurance agency with this technology.
We show you the top rates from every company, side by side, which will save you the hassle of trying to find a better rate by going site to site. Filling out a quote form on multiple sites is the worst way to shop for life insurance.
Once you’ve run your quotes and found a policy you like, then you need to find out what the guidelines are to qualify for it. Every life insurance company will have different underwriting guidelines and your health and other factors will determine if you qualify.
Helping you determine if you qualify before you apply takes a skilled agent. That’s where we come in. It’s our mission to save you time and money on term life insurance.
Should I get a 30 or 20 year term life insurance policy?
20 year vs 30 year
That is a difficult question that only you can answer. What you need to look at is your budget and determine whether a 20 year or 30 year policy is right for you. A 30 year policy will cost more than a 20 year policy, especially as you get older. We think you should lock in a term policy for as long as your budget allows, especially while you are young and healthy because you never know what life has in store. Take a look at the quote for a 35 year old male, below. If you lock in a rate when you are young, the price difference is not that much, but the longer you wait, the larger the gap in price. This gap in price would be significantly more if you ran quotes for a 50 year old.
20 Year Term Policy
30 Year Term Policy
20 Year Term FAQ
Male Preferred Best Non-smoker Rate Chart by Age
These term rates are subject to underwriting.
| Age | $250,000 | $500,000 | $1,000,000 |
|---|---|---|---|
| 37 | $16 | $25 | $45 |
| 42 | $22 | $38 | $69 |
| 47 | $34 | $62 | $117 |
Female Preferred Best Non-smoker Rate Chart by Age
These term rate charts are subject to underwriting.
| Age | $250,000 | $500,000 | $1.000,000 |
|---|---|---|---|
| 37 | $14 | $22 | $37 |
| 42 | $19 | $31 | $56 |
| 47 | $26 | $47 | $86 |
Ready to shop? Get Instant Quotes
