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2022&039s Best 10,000 Whole Life Insurance (Companies & Rates)

October 26, 2022

0 92 6 minutes read

Health Insurance – COBRA: COBRA and Age 29 Coverage | Department of Financial Services

Video How much is a $10000 life insurance policy

Looking for a $10,000 life insurance policy?

Maybe you are interested

if so, you’ve come to the right place.

Reading: How much is a $10000 life insurance policy

In this guide, you’ll find sample pricing, policy details, how to find the best plan, and much more.

read on or click on one of the links below to go to a specific section.

40-49 $10000 whole life insurance quotes

agefemale non tobaccomale non tobaccofemale tobaccomale tobacco 40$20.05$22.74$24.18$29.22 41$20.70$23.33$24.98$30.42 42$21.32$24.04$25.80$31.76 43$21.88$24.81$26.57$32.76 44$22.47$25.64$27.30$33.87 45$22.61$25.45$28.03$31.24 46$23.02$26.17$28.78$32.20 47$23.55 $27.02$29.53$33.38 48$24.18$27.96$30.28$34.67 49$24.48$28.52$30.83$35.57

50-59 years old $10,000 whole life policy rates

agefemale non tobaccomale non tobaccofemale tobaccomale tobacco 50$24.67$29.16$31.29$36.89 51$25.45$30.30$32.24$38.88 52$25.88$31.12$33.75$40.50 53$26.62$32.20$35.31$42.59 54$27.47$33.61$36.66$44.77 55$28.40$35.09$38.32$47.27 56$29.27$36.45$39.57$49.45 57$30.06 $37.91$40.72$51.53 58$30.83$39.27$41.86$53.61 59$31.70$40.82$43.10$56.11

60-69 years for life prices $10,000

agefemale non tobaccomale non tobaccofemale tobaccomale tobacco 60$32.87$42.76$44.67$59.02 61$34.51$45.38$46.96$62.97 62$36.06$47.90$49.24$67.00 63$37.72$50.52$51.53$69.54 64$39.36$53.14$53.71$72.73 65$41.01$55.76$56.00$76.07 66$43.44$59.35$59.54$80.54 67$45.86 $62.93$63.07$84.68 68$48.29$66.53$66.61$89.66 69$50.81$70.11$70.15$94.65

70-79 years old $10,000 life policy premiums

agefemale non tobaccomale non tobaccofemale tobaccomale tobacco 70$53.24$73.70$72.19$98.32 71$56.63$78.36$75.87$103.98 72$60.12$82.92$79.75$109.95 73$63.93$88.01$84.15$116.70 74$67.78$93.16$88.67$123.66 75$72.41$99.53$94.43$132.49 76$78.25$106.87$101.64$141.33 77$83.51 $113.64$108.25$150.58 78$88.44$119.86$115.16$160.00 79$93.41$126.23$123.01$166.67

80-89 year old quotes for $10,000 in whole life insurance

agefemale non tobaccomale non tobaccofemale tobaccomale tobacco 80$98.43$132.65$126.86$172.50 81$106.21$143.00$145.34$190.00 82$113.96$153.54$156.77$204.66 83$121.31$163.41$168.20$219.20 84$128.55$173.28$178.90$237.29 85$135.90$183.15$189.70$257.58 86$174.17$220.83$206.67$281.67 87$186.67 $242.50$220.83$305.00 88$198.33$264.17$235.83$328.33 89$210.83$285.83$250.00$351.67

$10,000 for life for children

If you’re looking for a small life policy for one of your children, below are Mutual of Omaha’s rates.

both men and women pay the same rate.

Unfortunately, Mutual of Omaha Children’s Life Insurance has a maximum of $50,000.

so if you’re looking for a $100,000 whole life policy on a minor, mutual of omaha won’t offer as much.

How does whole life insurance work?

Life insurance is a broad term. there are many different types; whole life insurance is just a specific type of life insurance.

This is the good news.

whole life insurance is simple. there’s no fine print for you to worry about.

If you buy a lifetime plan, this is how it will work:

premiums will not increase
benefits will not decrease
the policy will not expire at any age
builds cash value you can borrow from

that’s all there is to it about how the policy works. Simply put, a whole life policy will be with you forever and will never change in any way.

Ultimately, your plan will pay a tax-free cash benefit to your beneficiary(ies).

So let’s say you bought a $25,000 whole life plan. he would simply pay $25k to his beneficiary upon his death.

Because it’s a cash payment only, there are no restrictions on how the money is used. if there is money left over, that money will stay with your family.

how your health affects the cost of your 10000 life insurance policy

It’s probably no surprise that your health plays a big role in the qualification process.

The underwriting guidelines are the same whether you buy a $50,000 or a $10,000 whole life insurance policy.

All burial insurance companies (other than guaranteed issue plans) will ask you a series of questions about your health. In addition, they will analyze your prescription history.

This will give them all the information they need to determine if you are approved.

Here’s the truth about health issues.

Answering yes to any health question on any application will unequivocally mean you will pay a higher monthly premium. In addition, it may also mean that you have to put up with a gradual payment of your death benefit, or have to wait two full years.

this is the conclusion

To get the best plan that covers you right away and costs less, you need to look for plans where you can say no to all of your health questions.

here is the general rule to remember.

If a life insurance company doesn’t ask about something, it means they agree!

subscription diversity means you win.

There are dozens of funeral insurance companies on the market today with their own exclusive underwriting and they compete for your business. this has resulted in a great diversity of subscription.

For example, some companies ask if you have Parkinson’s disease and others don’t. If you have Parkinson’s disease, you’ll want to apply with one of the companies that doesn’t ask about Parkinson’s disease. doing so would mean you would pay much less and your coverage would start right away.

obvious, right?

That scenario with Parkinson’s disease develops regularly for all kinds of health conditions.

this is the conclusion

At Choice Mutual, we have a success rate of around 90% where someone can get a full covered plan right away!

That’s only possible because we work with so many burial life insurance companies that have different underwritings.

so while your health plays a big role in the process, in most cases it won’t matter. that’s because we can probably find a company that accepts all the conditions you deal with.

it’s amazing to be independent 😎, and that’s really good for you.

If you’re looking for a $10,000 life insurance policy, call us at 1-800-644-2926. We will shop and compare prices from over 20 companies to guarantee you the best deal on your policy.

how choice mutual can help you find the best & cheaper $10k policy

this is the deal

You’re obviously looking at buying a $10,000 whole life policy, or you wouldn’t be here. now you need to consult with a company that can help you do it.

It would be helpful if you worked with an agency with the experience and tools to ensure you find the best burial insurance plan possible.

That’s where we come in.

Here are the top three reasons why we’re best equipped to help you find the best $10,000 whole life policy for you.

we represent more than 15 companies. that means we can shop around to make sure you get the best rate. We will analyze a price chart of a lifetime to find the best offer.
Our loyalty is to you! we will impartially compare and recommend the life insurance company that is best for you.
This type of insurance is all we do, and we’re experts at it. As mentioned above, your health is an important factor in this process. In less than 60 seconds, we’ll assess your health and determine which companies are the best fit for you, given your health. Due to our vast experience, we have masterful knowledge of how each final expense company underwrites.

very expensive companies to avoid

In all industries, some companies operate outside competitive boundaries and offer consumers their product or service at a much higher price.

Companies that do this will generally struggle to justify their higher final expense prices.

The truth is that everything is smoke and mirrors. the companies listed below are all guilty of this. offer final expense life insurance at much higher rates than other competitive companies.

1) lincoln inheritance

lincoln heritage is actually the largest provider of final expense life insurance in the country. they sell more than any other insurance company. While this sounds impressive (indeed it is), this feat was not achieved because they offer the best funeral insurance policy.

the truth is that they are expensive, even for healthy customers.

Basically, they have set up their underwriting, application process, and agent recruitment system to benefit the agents and the company. they are not interested in giving the customer the best possible value.

It is critical to note that Lincoln Heritage is almost entirely a captive insurance company. being captive media, one of their agents may not represent any insurer other than lincoln heritage.

this is devastating for customers who have health issues that lincoln heritage does not welcome.

There is a giant list of health issues for which Lincoln Heritage will charge its applicants 200-300% more and give them a two-year waiting period.

At the same time, other companies would give these same customers a significantly lower price and coverage with no waiting period.

compare their rates with those of two other companies that offer the same thing.

They will now claim that the price difference is because they offer all sorts of other benefits.

please don’t think so!

all the “benefits” they offer are easy to get on your own and for free. ultimately, they charge these higher prices for completely selfish reasons.

You can read our entire lincoln heritage funeral home advantage here if you want to know all the details about this company.

2) colonial corral

everyone knows them for their commercials featuring alex trebek. have been in business for many years and also sell a lot of final expense life insurance.

here’s the deal

They charge very high prices for two main reasons. one is to pay for alex trebek. the other reason is that their business model revolves around making it incredibly simple for their agents.

Think of it this way. Which do you think requires more work? train insurance agents to learn 15 different burial insurance companies, or learn just one?

A company like ours works with many different insurance companies, so we can always find the company that offers you the best deal. It definitely takes a lot more time and effort to train each agent to become a master of each insurance company.

You don’t get that with penn cologne because all they can offer you is their insurance. their agents only need to learn one company, and that’s much easier for colonial penn.

end result?

Buying a 10,000 colonial penn life insurance policy means you’ll pay a lot more for what you could get elsewhere for a lot less.