25-Year Term Life Insurance
When a main provider of a household passes away, it can create major financial instability for the family members left behind. A 25-year term life insurance policy can provide both peace of mind and replacement income to designated beneficiaries should the policy holder pass away during the selected period.
Term life insurance is a popular life insurance option among most people as it’s a typically inexpensive way to protect your loved ones. It’s available in many lengths, typically up to 30 years, and at SelectQuote, we can help you decide which term length is right for you.
What is 25-year term life insurance?
A 25-year term life insurance policy provides a financial safety net for 25 years after it’s in effect. Term life insurance is often the popular choice for coverage, as it’s typically the most affordable option. Term life insurance gets its name from the term, or length, of the policy, which you get to choose. Length of term options are usually 10, 15, 20, 25 or 30 years.
Because everyone has different needs when it comes to life insurance, there are several types of life insurance options available. The two main types of life insurance you will encounter are term life insurance and permanent life insurance. While term life insurance is popular for its affordability, it’s a highly-considered option for additional reasons as well, including flexible payment options and variable amounts of coverage. Overall, term insurance is an easy way to design a plan that meets your unique life insurance needs.
As you consider the different term lengths available, remember that a 25-year term life insurance policy is just one option. At SelectQuote, we can help you decide if a 25-year term life insurance policy is the right choice for you and your family.
Who would benefit from a 25-year term life insurance policy?
A 25-year term life insurance policy is often a good fit for young families and those with young children. You’ll want your policy to last at least as long as your longest financial obligation. Many people who buy 25-year life insurance policies are in their late 20s or early 30s, and their financial priorities often include:
Supporting children through college
Planning to pay off a mortgage
Paying off debts
Focusing on investing for retirement
One of the main term life insurance benefits is the various term lengths available. While a 20 or 30-year policy may also make sense, it’s helpful to think about your plans over the next 20-30 years when making your decision. We can help you through the process of buying term life insurance and deciding which length is right for you. With a 25-year term life insurance policy, you can rest assured that your family’s plans and financial future are secure for years to come.
25-Year Term Life Insurance Cost
Term life insurance rates are based on the factors that make up your “risk profile,” and typically include:
- General health
- Certain habits, such as smoking and drinking.
Some life insurance calculators may also ask about your geographic location, family health history, hobbies and even driving violations. In addition to these factors, the type of policy, the length and benefit amount can also impact the price you pay. For example, a 25-year term life insurance policy will likely cost more than a 20-year term life insurance policy for the same benefit amount, but would likely cost less than a 30-year policy.
We’ve compared prices among our insurance carriers and found that a 25-year term life insurance policy with $500,000 in coverage for a 35-year old female in excellent health can be as low as $25/month.**
We can help you keep all of the above factors in mind as you shop around for life insurance, and will work to find you affordable term life insurance that works for you and your family.
|Age / Sex||$250,000 Coverage Amount||$500,000 Coverage Amount||$1M Coverage Amount|
|25-Year Old Female||$13.36||$19.54||$31.74|
|25-Year Old Male||$15.59||$23.79||$40.79|
|35-Year Old Female||$15.90||$24.64||$42.49|
|35-Year Old Male||$18.05||$28.47||$50.99|
|45-Year Old Female||$29.50||$49.72||$92.64|
|45-Year Old Male||$37.59||$65.02||$121.54|
|55-Year Old Female||$73.40||$134.35||$253.07|
|55-Year Old Male||$100.28||$187.24||$356.02|
Monthly rates are based on a 25-year term policy for men and women in excellent health from one or more of the trusted companies we represent. Rates were pulled 2/2022. Your price could vary depending on your health, issuing company and other factors. Not available in all states.
How to Buy a 25-Year Term Life Insurance Policy
Once you’ve decided a 25-year term life insurance policy is the right amount of coverage for you, it’s time to buy. At SelectQuote, we not only make the shopping process easy, but the application and purchasing part, too. In simple terms, buying a 25-year term life insurance policy through SelectQuote looks like:
- Get a free term life insurance quote from SelectQuote
- Choose the amount of term life insurance coverage that’s right for you
- Apply and buy a 25-year term life insurance policy with one of the trusted insurance carriers we work with
Ready to get started? Let SelectQuote shop 25-year term life insurance policies for you.Buying a 25-year term life insurance policy can be one of the biggest decisions you’ll make to protect your family’s financial future. At SelectQuote, we take the time to get to know you and your situation so we can make sure that you get the coverage you and your loved ones need. We have helped millions of families find the coverage they need at a rate they can afford and we can help you, too. In just minutes, we can compare coverage and rates from some of the most trusted insurance carriers in the nation.
Still unsure if a 25-year term life insurance policy is right for you? Check out our other life insurance options.
There is no shortage of options when it comes to term life insurance. If you’re interested in purchasing a 25-year term life insurance policy or want to explore other options, we can help. We can provide unbiased price comparisons while taking into consideration all of your needs and your family’s situation.