ANICO Term Life Insurance Without a Medical Exam [Top 3 Ages]

Rates for ANICO no exam policies

Because life insurance policies are tailored to suit the individual and are based on a wide variety of factors like age, health condition, gender, weight, height, personal activities, etc., they vary greatly when it comes to pricing.

However, to give you a basic idea of what to expect, here are two examples of what ANICO’s rates are like:

30 Year Old Life Insurance Rates

Let’s say Katy is a 30-year-old woman who is interested in a $250,000 policy. This is what ANICO offers her:

  • For 10-year term— $18.58 per month
  • For 20-year term— $24.62 per month
  • For 30-year term— $34.99 per month

Now let’s say Bill is a 30-year-old man who is also interested in a $250,000 policy. ANICO will offer him similar rates if his health condition and other factors are aligned with Katy’s, but as a man, his rates will still be slightly higher.

  • For 10-year term— $20.52 per month
  • For 20-year term— $28.94 per month
  • For 30-year term— $42.34 per month

40 Year Old Life Insurance Rates

Now, if Katy and Bill were 40 years old, their rates would look more like this:

Katy

  • For 10-year term— $25.06 per month
  • For 20-year term— $35.64 per month
  • For 30-year term— $50.33 per month

Bill

  • For 10-year term— $27.86 per month
  • For 20-year term— $40.61 per month
  • For 30-year term— $64.58 per month

50 Year Old Life Insurance Rates

If Katy and Bill were 50 years old and applying for the same life insurance amount, their rates would be like this:

Katy

  • For 10-year term— $45.79 per month
  • For 20-year term— $66.96 per month
  • For 30-year term— $115.34 per month

Bill

  • For 10-year term— $55.94 per month
  • For 20-year term— $88.78 per month
  • For 30-year term— $159.84 per month

As you can see, it often pays to apply for life insurance coverage when you’re younger.

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