Best Rates for $600k Term Life Insurance

Who Needs A $600k Life Insurance Policy?

  • Income replacement (typically 7 to 20 years of annual income)
  • Mortgage balance
  • Cover college expenses for children
  • SBA loan
  • Key person coverage
  • Debts
  • Student loans

Who are the Best Life Insurance Companies for $600k Coverage?

Life Insurance CompanyCoverage AmountTerm LengthMonthly Premium
Banner Life$600,00020 Year Term$52.97
SBLI$600,00020 Year Term$53.33
Protective Life$600,00020 Year Term$53.39
Symetra$600,00020 Year Term$53.39
AIG$600,00020 Year Term$53.10
Pacific Life$600,00020 Year Term$53.51
Penn Mutual$600,00020 Year Term$53.92
Transamerica$600,00020 Year Term$55.08
Pruco$600,00020 Year Term$59.94
Lincoln National$600,00020 Year Term$60.82
Nationwide$600,00020 Year Term$60.11
Ethos Life$600,00020 Year Term$63.07
Cincinnati Life$600,00020 Year Term$58.05
MassMutual$600,00020 Year Term$77.52
Guardian Life$600,00020 Year Term$65.92
Northwestern Mutual$600,00020 Year Term$67.20
AAA Life$600,00020 Year Term$67.48
Mutual of Omaha$600,00020 Year Term$69.88
Primerica$600,00020 Year Term$81.80
$600k Term Life Insurance Rates

D.O.B. 4/15/1979. Best health class. Rates current 5/1/2024.

Best No Exam Term Life Insurance Companies for $600k Coverage

Life Insurance CompanyCoverage AmountTerm LengthMonthly Premium
Banner Life$600,00020 Year Term$52.97
SBLI$600,00020 Year Term$53.33
Symetra Life$600,00020 Year Term$53.39
Pacific Life$600,00020 Year Term$53.51
Lincoln Financial$600,00020 Year Term$60.82
Ethos$600,00020 Year Term$63.07
Bestow$600,00020 Year Term$100.63
$600k Term Life Insurance Rates

D.O.B. 4/15/1979. Best health class. Rates current 5/1/2024.

Is $600k Term Insurance Better Than $600k Whole Life Insurance?

$600,000 Whole Life Insurance Rates

Life Insurance CompanyCoverage AmountMonthly Premium
Protective Life$600,000$372.00
Penn Mutual$600,000$389.76
American National$600,000$411.14
Nationwide$600,000$418.80
Pacific Life$600,000$430.92
Columbus Life$600,000$433.02
North American$600,000$467.00
Cincinnati Life$600,000$509.47
Rates for a no-lapse universal life insurance policy to age 121

D.O.B. 4/15/1979. Best health class. Rates current 5/1/2024.

$600k Term Life Insurance- Wrap Up

How to Get The Best Rate for $600,000 ($600k) Life Insurance

  1. Compare Rates

    Each life insurance company has their own underwriting guidelines based on: age, health, height/weight, blood pressure, cholesterol, family history, driving history, etc. so it’s important to shop around and compare rates from multiple life insurance companies.

  2. Fast for the Medical Exam

    For those who opt to take the paramed exam, make sure you fast for 8-12 hours. I recommend taking the paramed first thing in the morning when you wake up before you eat, have coffee or exercise. First thing in the morning is when your blood pressure, weight and other readings will be the lowest.

  3. No Exam Option

    For those who choose to not do the paramed, make sure you shop around. There are many new startups offering no exam life insurance in 2024. While the process for these companies are convenient, they can also be expensive.