Quick answer
On the rate sheet we quote from, $900,000 of 20-year no-exam term costs a healthy 30-year-old non-smoker $37 to $50 a month, and $110 to $139 at 45. From 50, that sheet offers $500,000 without an exam instead, so compare insurers if you need more.
On the rate sheet we quote from, $900,000 of 20-year no-exam term costs a healthy 30-year-old non-smoker $37 (woman) to $50 (man) a month. At 45 it’s $110 to $139 a month. From 50, the same sheet won’t write $900,000 without a medical exam and offers $500,000 instead.
Below are the full prices by age, a side-by-side look at $900,000 against a round $1 million, and what your options are after 50. If you’re new to term coverage, our guide to term life insurance covers the basics.
What $900,000 of no-exam term costs by age
These are 20-year level term prices for non-smokers, before underwriting.
Here’s what $900,000 of 20-year term costs a month by age if you’re in excellent health and don’t smoke:
| Age | Man, excellent health | Woman, excellent health |
|---|---|---|
| 25 | $48.75 | $32.25 |
| 30 | $49.50 | $36.75 |
| 35 | $59.25 | $50.25 |
| 40 | $89.25 | $69.00 |
| 45 | $138.75 | $110.25 |
From age 50 the sheet won’t write $900,000 of 20-year term without an exam (the most it offers is $500,000), so the table stops at 45.
Monthly premiums from our own quote tool, pulled 5 October 2026 from one carrier’s partner rate sheet: $900,000 of coverage, 20-year term, non-smoker, Georgia ZIP. That sheet priced 49 of 51 jurisdictions identically when we checked all of them in August 2026 (North Dakota came back lower; New York isn’t offered). These are rate-sheet prices before underwriting, not a final offer.
A 35-year-old man in excellent health pays $59.25 a month, and at 45 it’s $138.75. At every age the sheet writes, a woman pays less.
If your health is average
Your health class is set after the insurer reviews your application. Here’s the same policy one class down.
Here’s the same $900,000, 20-year policy in average health:
| Age | Man, average health | Woman, average health |
|---|---|---|
| 25 | $85.50 | $56.25 |
| 30 | $86.25 | $62.25 |
| 35 | $102.00 | $84.00 |
| 40 | $160.50 | $120.00 |
| 45 | $249.75 | $191.25 |
From age 50 the sheet won’t write $900,000 of 20-year term without an exam (the most it offers is $500,000), so the table stops at 45.
Monthly premiums from our own quote tool, pulled 5 October 2026 from one carrier’s partner rate sheet: $900,000 of coverage, 20-year term, non-smoker, Georgia ZIP. That sheet priced 49 of 51 jurisdictions identically when we checked all of them in August 2026 (North Dakota came back lower; New York isn’t offered). These are rate-sheet prices before underwriting, not a final offer.
At 40, average health costs a man $160.50 a month instead of $89.25, and a woman $120.00 instead of $69.00.
$900,000 or $1 million?
If you’ve landed near $900,000, it’s worth pricing the round number too. Here’s what a man in excellent health pays a month on the same sheet, 20-year term:
- At 30: $49.50 for $900,000, or $54.00 for $1,000,000.
- At 35: $59.25 for $900,000, or $64.83 for $1,000,000.
- At 40: $89.25 for $900,000, or $98.17 for $1,000,000.
- At 45: $138.75 for $900,000, or $153.17 for $1,000,000.
The gap is small next to the extra $100,000 of coverage, so if your needs are close to the line, quote both. Both amounts fall inside the most common no-exam limit: in the Society of Actuaries’ 2022 accelerated underwriting survey of 24 insurers, the most common maximum was $1,000,000.
If you’re 50 or older
This is where no-exam coverage gets tighter. On our sheet, $900,000 without an exam stops at 45. Ask for it at 50 and the quote comes back for $500,000, which costs a 50-year-old non-smoker in excellent health $101.08 (woman) or $126.50 (man) a month. At 55 that’s $154.42 or $215.67.
You still have options:
- Take the no-exam amount if $500,000 covers what you need.
- Compare other insurers. Each sets its own limits, and the most common no-exam issue ages in the Society of Actuaries’ survey ran to 60.
- Apply with full underwriting. Life Happens says the exam “should take less than 30 minutes,” though a decision usually takes a few weeks.
Don’t wait too long either. Washington’s insurance commissioner warns that if you put it off, “you could develop a health problem, which could cause the rates to go up, or the company could reject your application.” And the Texas Department of Insurance says most companies offer term life only up to a certain age, “usually 70 or 80.”
What no-exam underwriting looks at
Without an exam, the insurer decides from your application plus outside records. The NAIC says accelerated underwriting draws on sources like prescription drug history, motor vehicle records, credit reports and the Medical Information Bureau, and can reach a decision in hours rather than weeks. It also notes it “does not always lead to issuance of a policy,” so some applicants are still asked for an exam.
Answer every question honestly. The NAIC’s buyer’s guide warns that if an insurer finds false statements after it issues the policy, “it could reduce or cancel your coverage.”
Who needs $900,000
The NAIC says how much to buy “depends on the financial needs that will continue after your death,” like supporting your family, paying for your kids’ education and paying off a mortgage. A policy this size usually means replacing a substantial income for years, not just clearing a debt.
Check what you have through work first. The Texas Department of Insurance says a basic group policy “usually has a death benefit equal to one or two times your annual salary,” and it “typically ends when you leave your job.”
If your number lands a little higher, see what $950,000 of no-exam term costs.
How to apply
You can apply online, through an agent or by mail. Keep any policy you already have until the new one is in force, and know that you can usually return a new policy for a full refund within about 10 days of receiving it.
When you’re ready, compare term life insurance quotes for your own age, health and coverage.
Frequently asked questions
How much is a $900,000 life insurance policy per month?
On the sheet we quote from, $900,000 of 20-year no-exam term costs a non-smoker in excellent health $36.75 to $49.50 a month at 30, $69.00 to $89.25 at 40, and $110.25 to $138.75 at 45. From 50 it offers $500,000 at most without an exam.
Can I get life insurance over 50 without a medical exam?
Yes, but usually for less coverage. On our sheet, a 50-year-old can get $500,000 of 20-year term without an exam. The NAIC says a policy that “doesn’t require detailed health information will cost more and provide less coverage than one that does,” so compare a few insurers if you need more.
Is no-exam life insurance more expensive?
It can be, depending on the type. The NAIC says simplified underwriting lets you skip the exam “in exchange for generally higher premiums.” Accelerated underwriting is different: it asks full health questions and checks your records instead of sending a paramedic.
Can I cancel if I change my mind?
Yes, during the free look. The NAIC says you can return a new policy for a full refund within a certain period, “usually 10 days after you receive it,” and Washington’s insurance commissioner says every new life policy issued there comes with a 10-day free look.
How we got these numbers
- Every premium on this page comes from our own life quote tool, which prices from one carrier's partner rate sheet. Each table says the day its prices were pulled.
- We priced a Georgia ZIP. When we priced the same applicant in all 51 jurisdictions in August 2026, 49 came back identical; North Dakota came back lower and New York isn't offered.
- Excellent and average are the rate sheet's own health classes. These are prices before underwriting, so the offer you get after an insurer reviews your application can be different.
- Where the sheet won't write an amount at an age without a medical exam, we leave that age out of the table instead of guessing.