Speak to a Licensed Life Insurance Agent
The older you get, the more expensive life insurance is.
Lock in your lowest rate today—with some policies less than $1/day.
Buying Life Insurance in Your 40s
With each year, we all get older—our kids, our parents, and of course, us. As life and responsibilities change, it’s crucial to ensure your loved ones are protected, and we’re dedicated to helping you do just that.
Life insurance rates may increase as you age, but we’ll compare your options for coverage from some of the most trusted insurance companies in the nation to find a price that’s right for you. For example, we’ve helped customers in their 40s find $500,000 in coverage for only $18/month. Get started on locking in your lowest rate today.
What are the benefits of getting life insurance in your 40s?
It’s smart to buy life insurance when you’re young, and your 40s are no exception. The benefits of buying life insurance in your 40s include:
- Locking in lower rates: As you age, your likelihood of having health complications increases. This will cause insurance companies to view you as riskier to insure and therefore assign you higher rates as you get older. Purchasing life insurance in your 40s when you’re still young and healthy can help you secure more favorable rates on your policy.
- Finding a safety net: Most people in their 40s have been in the workforce for decades. As you find more financial freedom after years of hard work, you’ll have more flexibility in your budget to allocate toward life insurance and establish a safety net for your family.
- Protection through life milestones: Middle age comes with plenty of significant life transitions, like sending kids to college, starting to care for aging parents or planning for retirement. As you reach these milestones, your financial needs and priorities will change. Having life insurance can ensure those who matter most to you are protected through the major moments in life.
See How SelectQuote Can Help
How much life insurance should I have in my 40s?
While there is no right or wrong amount of life insurance, it’s generally recommended to purchase coverage equal to 10-15 times your annual income. However, income replacement shouldn’t be your only factor in deciding how much coverage to get. You should also consider:
- The amount of any outstanding debts, like a mortgage or student loans
- Whether you have dependents and what stage of life they’re in
- How much you have in savings
Life Insurance Today Means Peace of Mind Tomorrow
Whether you’re making updates to your new home, just bought your dream car, have kids heading off to college or are starting to care for your parents, life insurance can help ensure your loved ones aren’t worried about making ends meet if the unexpected were to happen to you. And we work for you, not the insurance companies, making sure you get the right coverage at a price that works for your budget.
Why SelectQuote?
At SelectQuote, we’re dedicated to helping you find the right coverage with the right carrier at the right price.
Call {{dynamicPhoneNumber}} to speak with a licensed insurance agent and see if you qualify for same-day coverage today.
Find the Right Coverage for You with SelectQuote
Life insurance can seem like just another thing on your to-do list, but that’s what we’re here for. In just minutes, our experienced team of licensed insurance agents can get to know your needs, compare options from multiple insurance companies and help you find the price that works for your budget.
You’ve spent years getting your finances in order and making sure your loved ones are comfortable. Let us help you protect it all by getting started on your free quote today.
We do the shopping. You do the saving.
Licensed name varies by state: SelectQuote Insurance Services, SelectQuote Insurance Agency. ©2025 SelectQuote Insurance Services. All rights reserved.