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30-Year Term Life Insurance

Get the security of long-term coverage with the flexibility of temporary insurance.

What is a 30-year term life insurance policy?

A 30-year life insurance policy is a type of term life insurance, which covers you for a set period of time. Term life is often the most affordable type of life insurance, making it a popular option for people with a variety of financial needs.

When choosing a term length, it’s important to consider your financial obligations and how long you expect them to last. This includes day-to-day living expenses, your mortgage, credit card or other debt, and any other expenses your family would need to cover if you died. Thirty years is generally the longest length available for a term life policy. If you’re just starting a family or expect to have significant financial needs over the years, these plans can help ensure financial stability for your loved ones for decades to come.

How does 30-year term life insurance work?

Once you’re approved for a 30-year policy, you’ll start paying life insurance premiums for the next 30 years. The cost will depend on a variety of factors, including your age and health when you first applied.

If you die while your life insurance policy is active, your insurer will provide a tax-free cash payout called a death benefit to your family. They can then use the payment to cover everyday expenses, mortgage or credit card debt, end-of-life costs, or even save as an inheritance – all with no strings attached.

If your policy comes to an end, you can either let it mature, buy a new one, or in some cases convert it into permanent life insurance for guaranteed lifelong coverage.

Benefits of 30- year term life insurance

  • Lower premiums

    Lower premiums

  • The right length

    The right length

  • Protection from health issues

    Protection from health issues

How much does a 30-year term policy cost?

A 30-year term policy is likely less expensive than you think. As shown below, a healthy 30-year-old female could get $250,000 in coverage for 30 years for approximately $25 per month. For $500,000 in coverage, the cost is around $40 per month. And since premiums are level, you’ll always pay the same amount, even if health issues crop up later in life.

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30-Year term life insurance quotes through eFinancial

At eFinancial, you’ll get access to term life insurance products from more than 20 leading companies and personalized, ongoing support from our expert agents.

eFinancial is committed to helping you find high-quality, affordable life insurance that meets your needs and gives you financial peace of mind. We look forward to helping you and your family.

Ready to start looking for your own insurance plan? You can request your free, no-obligation online quote or call 866-388-3996800-957-9525 to talk with one of our agents.