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Life Insurance For 62 Year Old Male

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Below we have compiled life insurance rates for a 62 year old male in very good health. The life insurance companies providing rates are some of the most well known in the Nation. Term life insurance is available for 62 year old males in term limits of 10, 15 and 20 year periods of coverage. The longer the term limit, the more expensive the premium and vice versa. 

10 Year Life Insurance Rates for a 62 Year Old Male

Company $250,000 $300,000 $400,000 $500,000 $750,000 $1,000,000
Haven $152 $181 $239 $296 $441 $585
Mutual of Omaha $105 $125 $165 $196 $292 $372
Banner $90 $107 $142 $162 $241 $325
Protective $94 $113 $150 $177 $265 $333
Prudential $96 $114 $150 $185 $275 $344

15 Year Life Insurance Rates for a 62 Year Old Male

Company $250,000 $300,000 $400,000 $500,000 $750,000 $1,000,000
Haven $214 $256 $339 $423 $632 $843
Mutual of Omaha $143 $170 $225 $272 $405 $525
Banner $114 $136 $180 $218 $325 $417
Protective $130 $156 $208 $245 $368 $469
Prudential $146 $174 $229 $285 $424 $547

20 Year Life Insurance Rates for a 62 Year Old Male

Company $250,000 $300,000 $400,000 $500,000 $750,000 $1,000,000
Haven $352 $421 $560 $702 $1050 $1403
Mutual of Omaha $201 $240 $318 $381 $569 $737
Banner $180 $215 $285 $308 $460 $631
Protective $177 $213 $284 $336 $505 $645
Prudential $218 $260 $344 $428 $639 $794

Certain life insurance companies will provide a small discount for applicants who plan to pay for their life insurance in annual installments. That is, paying the full twelve-month premium in one lump sum versus monthly. 

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