Buy Term Life Now 55 — Affordable Coverage You Can Get Today

If you’re 55 years old and thinking, "Did I wait too long to buy term life insurance?"— the answer is no.

In fact, 55 is one of the most strategic ages to lock in term life insurance before rates jump higher in your late 50s and early 60s.

You can still buy term life now at 55, secure substantial coverage, and protect your family, spouse, or financial legacy — often without a medical exam and with fast approval if you qualify.

👉 Get your free term life insurance quote now — it takes just minutes and costs nothing to check your options.

Why Buying Term Life Insurance at 55 Still Makes Sense

Many people assume life insurance is only for younger adults. That’s a costly myth.

At age 55, term life insurance can still provide:

• Income protection for a spouse or partner
• Coverage for final expenses and debts
• Mortgage payoff protection
• A financial safety net for adult children or grandchildren
• Peace of mind during retirement planning

The key is buying the right type of term policy at the right time — before age-based pricing increases accelerate.

💡 The sooner you act, the more you can save. 

How Much Does Term Life Insurance Cost at Age 55?

While rates are higher than at 35 or 45, term life insurance at 55 is still surprisingly affordable, especially for healthy individuals.

Pricing depends on:

• Age (55 is still a favorable cutoff)
• Overall health
• Smoking status
• Coverage amount
• Term length (10, 15, 20, or 30 years)

Many 55-year-olds qualify for reasonable monthly premiums, particularly with:

• No-exam or simplified issue policies
• Shorter term lengths (10–20 years)
• Strong carrier competition

👉 See how affordable coverage can be for you — request your free, personalized quote now.

Best Term Lengths to Buy at Age 55

Choosing the right term length is crucial when buying term life now at 55.

🔹 10-Year Term Life at 55

Ideal if you want:

• Coverage until retirement
• Lower monthly premiums
• Short-term income or debt protection

🔹 15-Year Term Life at 55

A popular balance of:

• Extended coverage
• Reasonable pricing
• Protection through early retirement years

🔹 20-Year Term Life at 55

Best for:

• Long-term family security
• Mortgage protection
• Locking in coverage into your mid-70s

📌 Not sure which term fits your situation? Get a free quote and compare all options side-by-side.

Can You Buy Term Life Now at 55 Without a Medical Exam?

Yes — many people age 55 qualify for no medical exam term life insurance.

These policies typically feature:

• No blood or urine tests
• Simple health questions
• Faster approvals (sometimes same day)
• Competitive coverage amounts

This is an excellent option if you:

• Want coverage quickly
• Prefer convenience
• Have minor health concerns

⚡ Check no-exam options instantly — request your free quote now and see if you qualify.

What Coverage Amount Should a 55-Year-Old Choose?

A common rule of thumb is 5–10× annual income, but at 55, your needs may be more specific.

Consider coverage to:

• Pay off a mortgage or remaining debts
• Cover final expenses and medical bills
• Provide income replacement for a spouse
• Leave a legacy or charitable gift

Common coverage amounts at age 55 include:

• $250,000
• $500,000
• $750,000
• $1,000,000

👉 A quick quote can help you determine the right coverage amount for your goals — start here for free.

Why Waiting Past 55 Can Cost You More

Life insurance rates increase every single year — and jumps become more noticeable after 55.

Waiting can mean:

• Higher monthly premiums
• Fewer carrier options
• Stricter underwriting
• Reduced term lengths

If you’re considering coverage, now is the moment to act.

⏳ Lock in today’s rates while you still can — get your free term life quote now.

How to Buy Term Life Now at 55 (Simple Steps)

Buying term life insurance at 55 doesn’t have to be complicated.

1. Request a free quote online
2. Compare top-rated carriers
3. Choose coverage and term length
4. Complete a quick application
5. Get approved and covered

No pressure. No obligation. Just clear options tailored to your age and needs.

✅ Start with a free quote — it only takes a few minutes and could protect your family for years to come.

Buy Term Life Now 55 — Secure Your Coverage Today

You haven’t missed your chance. 55 is still a smart age to buy term life insurance, lock in predictable premiums, and gain peace of mind knowing your loved ones are protected.

Whether you want short-term coverage or long-term security, there are excellent options available right now.

🔒 Get your free life insurance quote today and see how easy it is to buy term life at 55.

Compare Life insurance Quotes

Top Pick – JRC Insurance Group

JRC Insurance Group helps you shop, compare and save on life insurance.

JRC Insurance offers up to $2,000,000 of life insurance with no medical exam required.

You can get approval for your insurance policy in as little as 10 minutes to 2 days. JRC offers no exam life insurance for diabetics, too.

JRC offers some of the best rates on life insurance policies without any health exams required.

You can choose from $25,000 to $2,000,000 of no exam life insurance coverage from several leading life insurance carriers through JRC Insurance Group. Start Your FREE Quote.

Highly Recommended – Globe Life Insurance

Get FREE Information On How $1* Can Buy Up To $100,000 Globe Life Insurance For Adults Or Children

• No Medical Exam – Simple Application.
• No Waiting Period. Buy Direct.
• Rates As Low As $3.49 Per Month.
• The Globe Life Family Of Companies Has Nearly 17 Million Policies In Force.
• No Phone Required. No Credit Required.
• The Globe Life Family Of Companies Has Over $224 Billion Of Coverage In Force.
• Globe Life Is Rated A (Excellent) By A.M. Best Company As Of August 2023.

Resources:

• Tips for Buying Term Life Insurance with No Exam
• Term Life Insurance No Exam FAQs
• Pros and Cons of Term Life Insurance with No Exam
• A.M. Best Company: Compare financial strength ratings of life insurance companies
• Life Happens.org: Learn about life insurance and review facts.

About Our Methodology

Reviewed By: President of Term Life Online – AU, AAI, ARM

• 30+ years of experience in insurance planning

How We Keep This Guide Accurate: We regularly updates our content to reflect the latest rates and industry trends. We are committed to providing transparent, unbiased information to help you make the best decision for your family.

At Term-Life-Online.com We value your trust and privacy.