Money Saving Term Life Quotes for 51 Year Olds – Men & Women
Pricing is normally the first question someone has when looking into term life quotes for 51 year olds. So we researched average rates. Towards the bottom of this page are tables for men and women with the average price for varying death benefits and term lengths. Because these are averages across several companies, your rate may be different.
Use the Instant Quote Tool to see specific rates from the top-rated life insurance providers. You can also click over to our article on rates for all ages.
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You will also find information about the advantages of permanent insurance if that would be a better fit for your unique situation. Plus, we included some information on the rating classifications used by insurers.
Easy Steps to Save Money

One of the best ways to save money on term life quotes for 51 year olds is buying term life insurance over permanent life insurance. Term is always more affordable, but it only covers you for a certain amount of time. On the other hand, permanent life insurance will cover you until death, but can be up to 10 times more expensive.
Knowing exactly what you need life insurance to cover is the first step. That way you know you aren’t over-insuring your family. Do you need to cover your income for your working years? Do you need to cover a mortgage? What about your children’s college tuition? If you aren’t sure, our Life Insurance Needs Calculator can give you a good place to start.
The Extra Mile In Cost Savings
We recommend getting quotes from dozens of companies and then choosing from the top 3. An independent agent can do this for you. He or she will shop the market and give you the most affordable options from the companies who offer the best coverage for your situation in life. At Abrams Insurance, we promise to go the extra mile beyond that. We promise to shop the market again if the company you applied with comes back with a more expensive offer than we expected.

For more information on saving money (or if you’re ready to get started) call 858-703-6178 now. We have agents standing by to answer any questions you may have. There is no obligation. All calls are completely confidential.
Rating Classifications for Life Insurance
Life Insurers primarily rate a person according to their age, sex and health classification. For example if someone has health issues like breast cancer, COPD or Leukemia, they will be a higher risk for the insurance company. Therefore their rates will be higher.
There are a number of rating factors that determine how you are rated such as whether or not you smoke, your height and weight, your blood pressure, cholesterol levels, or if you engage in a dangerous occupation or hobby, and your family medical history.
All insurance companies will place you in a particular rating category after evaluation by an underwriter. Whether you’re looking for term life quotes for 51 year olds or any other age, the rating categories will stay the same.
The majority of rating classifications will break down to some form of the following format:
- Preferred Plus
- Preferred
- Standard
- Mild Substandard
- Medium Substandard
- Severe Substandard
Very few people qualify for a Preferred Plus. Only those applicants with minor health issues will qualify for either a Preferred or Standard policy. People with substandard rating are sorted by how their health conditions are likely to affect their lifespan.
The most important point to keep in mind is that not all life insurance companies are the same. The manner in how they rate people for various health issues can vary significantly from insurer to insurer, as some companies are more lenient when it comes to both health and lifestyle circumstances. For example, someone with a medium substandard rating with one company could change to a standard rating just by switching to a different insurance company.
This is why you should always use an independent insurance agent to perform the comparison shopping for you. Independent agents know which insurers will allow the best rating for your particular situation because they have access to all the major (and most of the minor) insurance companies.
Term Life Quotes for 51 Year Olds
The following table outlines some term insurance rates for varying amounts of life insurance and for different term lengths.
Male – Term life Quotes for 51 Year Olds rated as “Preferred –Non-Tobacco” (A health class which means only minor health issues.)
Monthly Rates for Term Life Insurance
$100,000 | $250,000 | $500,000 | $1,000,000 | |
10 Year Term | $18.01 | $34.60 | $61.05 | $108.81 |
20 Year Term | $29.75 | $55.56 | $104.00 | $198.50 |
30 Year Term | $51.10 | $97.13 | $189.00 | $361.40 |
Female – Term Life Quotes for 51 Year Olds rated as “Preferred-Non-Tobacco” (A health class rating which means minor health issues.)
Monthly Rates for Term Life Insurance
$100,000 | $250,000 | $500,000 | $1,000,000 | |
10 Year Term | $15.92 | $27.50 | $48.60 | $87.72 |
20 Year Term | $22.65 | $42.22 | $77.00 | $144.00 |
30 Year Term | $38.33 | $70.00 | $132.85 | $361.40 |
Keep in mind these are averages. Some companies offer lower rates. Some will be higher.
Don’t put this off if it’s something you might need. If you wait until age 52, the rates go up 7 to 10% for men. For women, the monthly rates increase between 3% and 12% depending on the term and benefit amount. On average for both men and women, premiums tend to increase around 8%. That can mean an extra $20 to $30 dollars a month for just waiting until your birthday. At age 53, they go up even more.

(Life Insurance Calculator) – To compare rates from leading life insurance companies for your age, use the Instant Life Insurance Quote tool on this page.
Our life insurance needs calculator can help you get an idea of how much life insurance is appropriate for your situation. If you have any questions, can call us for a free and confidential consultation at 858-703-6178. We are happy to help.
Permanent Life Insurance Policies for 51 Year Olds
For those who have turned 51 years of age, you may find that a term life insurance policy may not be your best choice. Perhaps you need something more substantial. This could be because you are in a high-income bracket or you have concerns about your estate.
In these cases, it’s worth looking into permanent life insurance.
Permanent life insurance comes in a variety of packages offered by insurers and may include policies such as Universal Life, Indexed Universal Life, or Whole Life.
Permanent insurance covers you for life and does not have to be renewed like term insurance. It also provides a cash accumulation feature which builds throughout the life of the policy.
This form of insurance has a number of other advantages. It can protect your investment when the market fluctuates. Also, it can also be used to supplement or improve your 401(k).
Feel free to contact us to learn more about the various types of permanent life insurance policies and how they can benefit you.
No Medical Exam Life Insurance for 51 Year Olds
For those who have health issues, you may want to consider a No Medical Exam Life Insurance policy. These policies are also convenient for how quickly you can get these in place. These policies are available through many insurers. You don’t have to take a medical exam and you can receive approval in just a couple of days or as quickly as 15 minutes. People who dislike needles or need coverage quickly should consider this option when it’s available.
If you need $500,000 of coverage or less, there is really no reason to take an insurance exam these days. A no exam policy can be within a couple dollars of a life insurance policy that does require an exam. Contact us with the specifics of what you are looking for and we will point you in the right direction.
Finding Affordable Low-Cost Term Life Quotes for 51 Year Olds
It’s always best to speak with an independent agent whether you are in good health or otherwise. He or she can advise you on finding the right policy (regardless of the company) for your particular situation. Captive agents on the other hand an only sell the products of one company. They might have several products to choose from, but they cannot shop the over 850 companies available.
How Abrams Insurance Can Help
The independent agents at Abrams Insurance Solutions strive to answer all your life insurance questions, provide you with helpful advice, and find the best rates.
We work with over 70 highly rated life insurance companies that allow us to put your needs first. Providing an affordable life insurance solution that will meet your needs is our primary goal.
The Bottom Line
At Abrams Insurance, we work for you and not the insurance company. If someone gives us a rating we think is unfair, we will either negotiate a better rate or switch companies. Our goal is to use our knowledge of life insurance underwriting and our selection of A+ rated companies to find you the best coverage for your situation at the lowest price.
Call us at 858-703-6178 for free and confidential consultation on term life quotes for 51 year olds. Or use the Instant Quote Tool on your left (top if you’re on mobile) to see real quotes for you right now.
Let’s get your application started today!