$500K term life insurance: rates and coverage

Worried about how much life insurance is going to cost? You can rest easy knowing Ethos has a policy to fit every budget. See if a $500,000 life insurance policy will be enough to help protect your family if the unexpected were to happen.
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What's the average cost of $500,000 life insurance?

Discover how Ethos can help get you up to a 500k term life insurance policy at an affordable rate. This chart shows average 10- to 30-year term life policy premiums for healthy, non-smoking 35-year-old males and females.

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Help protect the ones you love most

Help secure your family's financial future with life insurance that can help cover expenses such as burial costs, outstanding debt, mortgage payments, tuition, and other day-to-day expenditures.

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How much coverage do you need?
While everyone's situation is unique, there are guidelines to help you determine how much coverage you need.

A $500K life insurance policy can help protect your family if the unexpected happens. But is it enough? Experts recommend you carry at least ten times your annual salary. Another useful way to determine your coverage calculations is the DIME formula (debt + income + mortgage + education). Add these four factors together to give you a better idea of your coverage needs.

  • Debt: The total of any outstanding debt, such as student loans or credit cards bills
  • Income: Multiply your salary by the estimated number of years your family would need support ($50k salary x 10 years = $500k)
  • Mortgage: Mortgage balances or housing expenses
  • Education: Estimate the costs to pay for your children's tuition
How can I qualify for a $500,000 life insurance policy?
  • Age: Life insurance coverage costs more the older you get. The younger you are, the higher amount of coverage you'll qualify for.
  • Health: The better your health status, the better your chance of being approved for a higher policy.
  • Income: Many applicants can qualify for coverage up to 30 times their annual salary. Depending on how much you make and your financial situation, you may want to consider increasing your coverage.
Why choose Ethos for my $500k policy?
Ethos makes it quick and easy to apply for life insurance tailored to your budget and coverage needs.
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Fast, free application process
Complete our online application in minutes. It's quick, straightforward, and no paperwork or phone calls are necessary (but we're always here to help if you need us).
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Affordable, personalized coverage
Ethos offers a wide variety of coverage options to fit your budget and provide the coverage you need.
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No pushy agents or hidden fees
Our licensed agents don't work on commission, and our pricing is transparent.
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Easy, hassle-free cancellation
If you change your mind within the first 30 days of activating your coverage, we'll refund your payment in full. And with Ethos, you can cancel your policy anytime with no extra fees.
Receive a free, personalized quote instantly
See estimated prices for up to $500K in life insurance coverage.
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© 2022 Ethos Technologies Inc. Ethos operates in some states as Ethos Life Insurance Services. CA license #0L28949; AR license #100164629. Ethos offers policies issued by the carriers listed at www.ethoslife.com/carriers. Products and their features may not be available in all states. To help avoid requiring a medical exam, our application asks certain health and lifestyle questions.