Rates rise each year after 50 — but coverage is still very attainable. Compare term, GUL, and IUL options for Texas residents in their 50s.
Your goals shift in your 50s — protection matters, but so does planning for legacy and retirement.
Covers you through age 60–65. Great if your mortgage will be paid off and children will be financially independent within that window.
Covers you to age 70. Best for 50-year-olds who want income replacement through their full working and early retirement years.
Permanent death benefit without the cash accumulation complexity of whole life. Ideal for legacy and estate planning at 50+.
At 50, you still have a 10–15 year runway to accumulate meaningful cash value — especially valuable if you're behind on retirement savings.
Preferred health class. Actual rates may vary.
| Coverage | Term | Male | Female |
|---|---|---|---|
| $250,000 | 10 year | $50–$80/mo | $38–$60/mo |
| $500,000 | 10 year | $88–$138/mo | $65–$105/mo |
| $500,000 | 15 year | $115–$185/mo | $85–$135/mo |
| $500,000 | 20 year | $178–$275/mo | $130–$200/mo |
| $1,000,000 | 20 year | $340–$525/mo | $248–$385/mo |
*Estimated rates. Get an exact quote based on your health.
Yes. While rates are higher than at 40, a healthy 50-year-old in Texas can still qualify for competitive term life rates. A $500,000 20-year term policy might cost $130–$185/month for a female, or $178–$275 for a male. The key is applying before any health conditions develop that could increase rates.
For pure protection, a 10 or 15-year term is the most cost-effective at 50. For legacy planning or estate considerations, guaranteed universal life (GUL) offers permanent coverage at a lower cost than whole life. For accumulation, IUL at 50 can still build meaningful cash value over 10–15 years.
Often yes, depending on the condition. Many carriers will insure 50-year-olds with managed conditions like controlled hypertension, high cholesterol on medication, or Type 2 diabetes — typically at a higher rate class. Serious conditions (recent heart attack, active cancer) may qualify for guaranteed issue final expense coverage instead.
Yes — if you have financial obligations that will end within a defined period. A 15-year term at 50 covers you through age 65, past when most mortgages are paid and children are independent. If you're looking for coverage beyond age 70, a permanent policy (GUL, whole life, or IUL) makes more sense.
At 50, focus on what your family would need to maintain their lifestyle if your income stopped. Common factors: remaining mortgage balance, years until retirement, your spouse's income, and any outstanding debts. Many 50-year-old Texans with a working spouse and a nearly-paid mortgage find $250,000–$500,000 sufficient.
Tower Hill Corp · TX Agency License #2608479TX · (832) 856-1704. Sample rates shown. Actual rates depend on carrier, health class, and individual underwriting.