Best Life Insurance For Males Aged 44
By James Tobin, CFP®
Expert Review Of Life Insurance For Males Age 44
Jim Tobin, CFP®
Why you can trust this review
At Bequest Mutual, we value our editorial independence. We keep our reviews strictly factual so you can use them to make informed decisions. Life insurance carriers referred to on this site do not approve reviews.
If you or someone you know is 44 years old and doesn’t have life insurance yet, you may wonder if this is the right time to get some. Whether you are looking for a life insurance policy for yourself or a spouse looking for a policy for your husband, getting an affordable plan is crucial.
If you have questions about obtaining an affordable life insurance policy at 44, we have the answers. We will be as detailed as we can be in our responses to ensure you have all the information you need to choose the right life insurance policy for you and your family.
If there is something we have missed or you have questions we have not addressed, you can contact us via email or phone to learn more. We want to provide you with all the answers about rates, companies and policy choices. The more information you have, the higher the chance of finding the right life insurance policy.
Don’t believe the hype you see or hear on T.V. or radio. We will help you get accurate information to make the best choice for your particular situation.
Is 44 The Best Time For Men To Attain Life Insurance?
When you’re 44, you may be wondering if this mid-40s age is the right time to seek out life insurance. Remember why a life insurance policy is so important. It’s necessary to help your family pay for your funeral costs and other expenses in the event of your death.
It would be easy for us to say any age is the right age to get life insurance if you plan to keep your loved ones from feeling financial pain after your death. We say that because we sell life insurance policies. While there is some legitimacy to the answer, we know there is a burning question surrounding life insurance and the age of 44.
Believe it or not, 44 appears to the best time age in which to get life insurance. Why? Life insurance companies often look at 45, especially for men, as the starting point for health problems. As such, pricing for life insurance is a reflection of this thought.
If you plan to buy a life insurance policy and protect your family in the event of your death, the best time to take advantage of the prices is now when you’re 44. When you turn 45, you’re going to pay far more in coverage than you may want to. A one-year age difference will have a significant impact on your wallet.
How Much Coverage Amount and Terms Should A 44-Year-Old Man Consider?
There are a plethora of ways in which to learn how much coverage you need. Bequest Mutual has a tool it uses itself known as ?????.
Now, the best coverage amount and terms are based on your current and impending financial obligations and income replacement.
We have a simple formula known as L.I.F.E. or loans plus income plus future plans plus education.
The world is faced with budgets, and it’s always the winner if there is ever a conflict. Whenever someone seeks out life insurance, they have a pretty good idea of how much life insurance is necessary for their financial situation. Even businesses have a budget they must abide by, so we totally understand this line of thinking.
If you don’t know how much coverage you need and for how long, we are ready to help you out. You can also use the quote tool or table below to provide you with a sense of what amounts and term will be best for your situation.
What’s The Cost For A 44-Year-Old Male To Get Life Insurance?
There are four factors that play a role in determining how much a life insurance policy will cost a 44-year-old:
- Term coverage
- Coverage amount
- Health rating
Every company will vary in terms of cost, but it’s always these four that play the biggest role in how much you pay for coverage.
For example, a 44-year-old male smoker will pay more than a 44-year-old nonsmoker. Tobacco use (not just smokers) leads to more health problems, and life insurance costs for a smoker is a reflection of the notable adverse health conditions. If you stop tobacco use, the savings would be significant.
If you stop smoking for two years, you become eligible for life insurance companies’ preferred rates, and you save even more money.
10 Year Term Rates for male, 44 Years Old
15 Year Term Rates For Male, 44 Years Old
20 Year Term Rates For Male, 44 Years Old
30 Year Term Rates For Male, 44 Years Old
How Reliable Are Our Quotes For A 44-Year-Old Male?
As long as the information you provide is accurate, the quotes on our site will be accurate. You need to know what the health rating you are assigned by a life insurance company. Unless you talk to a knowledgeable agent, you won’t easily know this information. Most carriers deny this information to the public.
Since this is the case, your best bet is to choose a Standard or Standard Plus policy, and hope it works in your favor. Many people who Choose a Preferred policy often find that they’re only eligible for a Standard.
What Companies Should A 44-Year-Old Man Attain Life Insurance From?
When it comes to getting the best policy for a 44-year-old man, you need to consider the health and different policy options. You need to start with the foundation of a strong financial rating – companies that are rated A or better. The best carriers will look more at the health situation and provide ample policies to choose from.
For instance, if you need a policy with a child rider that doesn’t look at a child’s health, Principal Financial would be your best bet. If you’re overweight or obese, you want Prudential Financial or Protective Life as your life insurance company.
Which companies do we recommend for a life insurance policy?
Protective Life – This company offers options such as annuity-style payouts, which can protect your heirs from squandering the benefit. They allow you to continue the policy with reductions in coverage without increasing the price when the policy term is about up.
Prudential Financial – This company is much more tolerant than other carriers when it comes to underwriting policies.
Savings Bank Life Insurance – S.B.L.I. will quickly underwrite policies if no exam is necessary.
Foresters – This company is based out of Canada, but can underwrite policies for people in the U.S. A policy is often approved the day the application is received.
Unsure of which one to go with? Reach out to us, and we’ll give you our op
How Can A 44-Year-Old Man With Existing Health Conditions Get The Best Rates?
If you have pre-existing health conditions, you may find some coverages unaffordable. The best way to find the best rate is to ask for help from an independent age.
As noted above, life insurance companies follow strict company underwriting guidelines to provide applicants with a quote. If you can’t learn of this information, it may be tricky to find a good deal.
If you want the best deals, even with a health condition, you need to shop more than one carrier at a time. Bequest Mutual, and similar independent agencies, has access to more than 50 carriers. This allows you the chance to find a great offer for your life insurance needs.
If you go straight to a carrier, you are provided only with a quote for them. You can’t compare and contrast with other companies.
What Is The Process For A 44-Year-Old Male To Attain Life Insurance?
There are not many unique things you need to do in the application process to get a policy for a 44-year-old man. However, there are several steps to ensure you get the best plan:
- Pick Policy Type
- Pick Your Terms
- Attain Pricing
- Turn In Application
- Take Medical Exam (if required)
- Wait For Underwriting
- Look Over Offer
- Policy Delivery
Our homepage lays out this eight-step process. Bear in mind that some companies will not ask for applicants to undergo a medical exam. However, if you’re requesting for an amount above $1 million or you have a history of heart problems, you may be asked to get an EKG before a decision is made on a policy.
What Makes Bequest Mutual Different From Other Companies?
Now, you may be wondering why you should choose our site for your life insurance quotes over another company. That’s fair enough!
What makes us different from other independent agencies is our experience to simplify the process for people looking for life insurance want. The life insurance provider industry is full of carriers that you apply directly with along with their national brokers, captive agents, etc.
The worst thing you can do is apply directly with a captive agent. You lose any ability to comparison shop and use that knowledge to your own financial benefit. A captive agent is only permitted to sell the employer’s policy, whether it’s the best thing for someone or not.
You don’t save any money in this way. The Department of Insurance sets the rates on a state level and is the same no matter who sells the company’s policy. When you go direct, you forgo choice of carriers and are not financially rewarded.
You may notice ads for brokers selling life insurance. These agents are better to deal with than direct companies, but they are hindered with carrier choices. They deliberately keep a minute number of carriers so the business doesn’t become weak but can still negotiate their commissions.
On the other hand, independent agencies, such as L.I.H.D., work with more than 50 carriers with options for people who have health problems or prefer a certain policy. An independent agent offers you the best chance of getting a good deal that fits within your budget and addresses your concerns.
Make sure your focus is on an experienced independent agent. For instance, a Certified Financial Advisor is at the helm of Bequest Mutual and has 25+ years of experience in the field. When you need a life insurance policy, the team at Bequest Mutual will help you every step of the way. We address your every need quickly – be it a quote, change of address or policy changes.
So, what does it take for a 44-year-old male to get affordable life insurance? It takes you acting right now! You see what it takes to score a reasonably-priced life insurance policy. If you’re in the market for a new life insurance policy – be it your first or a supplemental policy – check out Bequest Mutual to help you secure the right policy for your family’s needs and your peace of mind.
Don’t wait another day, and don’t wait until you turn 45. The time to get financial protection for your family is right now!