We calculated the average monthly premium for 35-year-old non-smoking males with preferred-plus health ratings for a $500,000, 20-year term life insurance policy in North Carolina based on rates from ten carriers offering policies through Policygenius, including AIG (New York, NY), Banner (Phoenix, AZ), Brighthouse (Charlotte, NC), Lincoln Financial (Radnor, PA), Mutual of Omaha (Omaha, NE), Pacific Life (Newport Beach, CA), Protective (Birmingham, AL), Prudential (Newark, NJ), SBLI (Woburn, MA), and Transamerica (Cedar Rapids, IA). The average monthly premium for a term policy + accidental death and dismemberment rider is based upon the same profile, based on rates from four carriers offering that coverage through Policygenius, including AIG, Mutual of Omaha, Prudential, and Transamerica. Referenced policies may vary by carrier. Not all policies are available in all states. AD&D rate is for a 35-year old male in North Carolina, with a $500K policy issued by Mutual of Omaha (Omaha, NE). Individual rate will vary as eligibility and availability will affect each customer’s rate. Rate illustration valid as of 9/29/20.
Note that AD&D insurance has some exclusions, including injuries sustained before coverage and death while participating in riots. Each state may have its own exclusions for what AD&D insurance will cover.