Term Life Insurance Cost Calculator
Last updated: July 2026
Estimate a term life insurance premium from coverage, a rate per $1,000, policy fees and the selected term length.
Estimated monthly term life premium
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- Estimated annual premium: —
- Estimated total premiums over term: —
- Annual cost per $100,000 coverage: —
- Coverage amount: —
On this page
Quick summary: Estimate a term life insurance premium from coverage, a rate per $1,000, policy fees and the selected term length. Enter the requested values, calculate, review the result, and compare more than one realistic scenario before making a decision.
Read the complete guide
What this calculator estimates
Estimate a term life insurance premium from coverage, a rate per $1,000, policy fees and the selected term length. It is designed for fast planning and comparison in the United States. The output is an estimate, not a binding quote, approval, tax determination, insurance offer or professional recommendation.
How to use it
Enter the requested values using a single consistent time period and currency. Select Calculate, review the headline result and supporting figures, then change one assumption at a time to compare another scenario.
How the calculation works
The annual estimate multiplies coverage in thousands by the entered rate per $1,000 and adds the policy fee. Monthly and term totals are derived from that annual estimate.
Important limitations
Actual premiums depend on age, health, underwriting, tobacco use, occupation, state, riders and carrier pricing. This calculator is not an insurance quote.
Frequently asked questions
Is the result exact?
No. It is a planning estimate based on the assumptions entered.
Can I compare different scenarios?
Yes. Change one input at a time so you can see which assumption changes the result.
Does the calculator store my inputs?
The calculation runs in the browser and does not require an account. Avoid entering unnecessary confidential information.