Life Insurance for 37 Year Olds

Life Insurance for 37 Year Olds

Life insurance for men and women age 37

Life insurance for 37 year olds is an important decision to make.

It’s a long term commitment and a costly investment so you want to find the most affordable policy and the best policy to suit your needs.

If you are a 37 year old male or female, we’ve put together some sample quotes so you can get a rough idea of how much a policy might cost.

And, if you have health issues such as if you are a Type 1 Diabetic or a Type 2 Diabetic or if you smoke tobacco, marijuana, or use e-cigarettes, our independent agents at Abrams Insurance Solutions can help you find a policy which is affordable at any age.

  1. Term rates
  2. Permanent life insurance
  3. No exam insurance
  4. How Abrams can help

Quotes – Life Insurance for 37 Year Olds

Term life insurance is a smart choice for most people. It’s also the lowest cost option for normal life insurance.

The following quotes are for both men and women who are 37 years of age.  The first outlines a “Preferred Non Tobacco” class rating which is one rating lower than a “Preferred Best”. For other ages in your 30s, check out our article on life insurance in your 30s.

So, if you are very healthy, you could expect to pay even less than what is shown below.

We have provided a variety of term lengths and death benefits, and show what you might pay on a monthly basis to help you compare.

Term Life -37 year old Male “Preferred” health class (minor health issues)

Monthly Rates:

10 Year Term$7.62$10.61$16.09$25.71
20 year Term$10.00$15.53$25.29$44.81
30 Year Term$15.75$26.03$44.86$82.60

Term Life –37 year old Female “Preferred” health class (minor health issues)

Monthly Rates:

10 Year Term$7.29$9.87$14.60$22.62
20 year Term$9.45$13.91$21.75$37.41
30 Year Term$13.39$21.88$37.85$66.99

This next group is rated as “Standard Plus – Non-Tobacco” and would be for people who may have minor but controlled health issues

Term Life – For a 37 year old Male “Standard Plus” health class 

Monthly Rates:

10 Year Term$10.85$17.28$37.71$46.98
20 year Term$14.35$23.84$41.76$76.56
30 Year Term$21.09$40.03$73.41$136.46

Term Life – For a 37 year old Female “Standard Plus” health class 

Monthly Rates:

10 Year Term$10.24$14.66$23.93$39.15
20 year Term$13.30$21.44$36.98$65.25
30 Year Term$18.03$31.50$56.99$105.76

(Life Insurance Calculator) – If you wish to research your own quotes right now, then try our handy to use life insurance calculator which can be found on the right hand side of this page)

You can also see how these rates would compare if you wait until you’re 38 to get insurance.

Permanent Life Insurance for 37 Years Old

A term life insurance policy is not the necessarily ideal for every individual’s family and you might be better off looking at “Permanent” life insurance such as Whole Life or a Universal Life insurance policy.

If you’re a high income earner you should consider that a Permanent life insurance policy has other advantages you might not know about.

The reason is because you can buy this policy as a way to safeguard your money (savings) from taxes and from uncertain market conditions such as through an Indexed Universal Life insurance policy.  This sort of policy is also a superb means to supplement or improve your 401(k).

No Exam Life Insurance for 37 Year Olds

Another option to consider is a No Medical Exam Life Insurance policy which is now being offered by numerous life insurance companies. These policies are a bit more costly but they don’t require you take a medical exam and you can get a policy quite quickly such as in just a couple of days or as fast as 15 minutes. If you are in a hurry to buy a policy or need the convenience, or just want avoid being poked by a needle than this might be the right choice for your family.

Life Insurance For 37 Year Olds

Finding an affordable life insurance is a lot easier when you go through an independent agent such as you find here at Abrams Insurance Solutions.  We have access to over 70 life insurance companies which allows us to comparison shop for you.  We can also find companies that are more lenient when it comes to health problems.

Call us if you have questions or need some advice at 858-703-6178 right now so we can start your life insurance application process without delay.