The longest term available. Lock in today's low rate and stay covered through your children growing up, your mortgage paying off, and your retirement beginning — all for one fixed monthly payment.
Life insurance rates only go up with age and health changes. A 28-year-old locking in a 30-year term will pay today's rate until they're 58 — regardless of any health conditions that develop.
A 30-year fixed mortgage taken out at age 28–35 runs exactly parallel to a 30-year term. When the mortgage is paid off, the term ends. Perfect alignment.
One application, one approval, one rate — for three decades. No re-underwriting if you develop high blood pressure, diabetes, or other conditions down the road.
Preferred health class, non-smoker, Texas. Actual rates vary.
| Age | Male | Female |
|---|---|---|
| Age 20 | $20–$28/mo | $16–$22/mo |
| Age 25 | $22–$32/mo | $17–$24/mo |
| Age 30 | $26–$38/mo | $20–$30/mo |
| Age 35 | $36–$54/mo | $26–$38/mo |
| Age 40 | $60–$88/mo | $42–$62/mo |
| Age 45 | $100–$150/mo | $70–$106/mo |
*Sample rates only. Availability may vary.
Compare all term lengths:
The longer you wait, the more you pay. See your rate in 2 minutes — free.
30-year term is ideal for young adults (20s–mid 30s) who want to lock in low rates for the maximum coverage window: through raising children, paying off a 30-year mortgage, and into retirement planning. It's the best option for someone who wants to buy once and not worry about renewal for three decades.
A healthy 30-year-old male in Texas can typically get $500,000 of 30-year coverage for approximately $26–$38/month. A 30-year-old female pays approximately $19–$28/month. The premium difference between a 20-year and 30-year term is often only $8–$15/month at younger ages — making the extra decade of coverage a compelling value.
Yes — most carriers cap term life at 30 years. If you need coverage beyond a 30-year term, the alternatives are: (1) buy a new term policy when your current one expires, (2) purchase a Guaranteed Universal Life (GUL) policy that extends coverage to age 90, 95, 100, or 121, or (3) convert your term policy to permanent coverage before expiration.
It depends on the carrier. Most carriers will issue a 30-year term to applicants up to age 55, though the maximum issue age varies by company. For a 50-year-old, a 30-year term would provide coverage to age 80. Some carriers prefer to offer 20-year term or GUL to applicants over 45. Tower Hill will find the right carrier for your age.
You have several options: Convert to a permanent policy before the term expires (most policies allow this without a new medical exam), apply for a new term or GUL policy when the term ends, or purchase a Guaranteed Universal Life policy now that covers you to age 90–121. Tower Hill can run a comparison to show you the cost of each option.
The carrier is taking on risk for a longer period — a 30-year term means premiums are locked for a decade longer than a 20-year term. The insurer models the probability of a claim over the full period and prices accordingly. However, for applicants in their 20s and 30s, the premium difference is relatively small because the risk of a claim in years 20–30 is still low.
Tower Hill Corp · TX Agency License #2608479TX · (832) 856-1704 · support@towerhillcorp.com. Rates shown are estimates. Actual premiums depend on health class, carrier, and underwriting.