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Age 62

call me: (910) 328-0447
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Guaranteed Universal Life (GUL) is much less expensive than Whole Life and locks in coverage with a no lapse guarantee at a fixed rate to a designated age. GUL sample quotes: fixed premium, lifetime permanent life insurance, no lapse guarantee to age 120.  Please refer here for a full range of product and carrier recommendations for those in their 60’s.  See here for Whole Life final expense quotes ages 60 to 69.

 

Female – 62 years old

 

Face AmountMonthly at Preferred Best .Monthly at StandardGuarantee PeriodTop Carrier
$25,000$40.00$53.00 Age 120(approximate)
$50,000$74.00$93.20 Age 120(approximate) at preferred best; Symetra at standard
$100,000$123.00$163.00 Age 120(approximate)
$250,000$299.00$386.05 Age 120(approximate) at preferred best; Symetra at standard
$500,000$589.35$752.15 Age 120Symetra
$1,000,000$1,151.00$1,484.30 Age 120(approximate) at preferred best; Symetra at standard
$2,000,000$2,297.00$2,968.60 Age 120(approximate) at preferred best; Symetra at standard
$5,000,000$5,290.50$7,138.00 Age 120Symetra

 

 

Male – 62 years old

 

Face AmountMonthly at Preferred Best .Monthly at StandardGuarantee PeriodTop Carrier
$25,000$46.00$63.00 Age 120(approximate)
$50,000$87.00$109.21 Age 120(approximate) at preferred best; Symetra at standard
$100,000$144.00$193.00 Age 120(approximate)
$250,000$352.00$466.20 Age 120(approximate) at preferred best; Symetra at standard
$500,000$698.00$912.40 Age 120(approximate) at preferred best; Symetra at standard
$1,000,000$1,356.00$1,804.80 Age 120(approximate) at preferred best; Symetra at standard  
$2,000,000$2,707.00$3,609.60 Age 120(approximate) at preferred best; Symetra at standard
$5,000,000$6,389.50$8,691.00 Age 120Symetra

 

Closer to being 63 years old?  If over 62 and a half, see age 63 quotes, since most carriers set rates by nearest age. Backdating a policy up to six months to save previous age is generally permitted.

 

Please contact me for your free confidential quote.  Many more options available.

 

sean's profile picLicensed Agent: Sean Drummey
phone:  (910) 328-0447
email:   spdrummey@gmail.com

 

 

 

Lower premiums available on Guaranteed UL plans with the no lapse guarantee to age 90, age 95, age 100, age 105, age 110 or whatever age designated. Catch up premium options available with some plans.  Contact me for details.

 

Carrier and Product quoted:
Symetra Life Insurance Company: “Symetra Classic UL 120”

 

 

trend:  premiums unchanged in the last 6 months since last update

 

last revised: 8/21/2015  – quotes given as approximate are to the nearest dollar; non tobacco rates; rates subject to change; quote accuracy or completeness not guaranteed