Life Insurance Rates at Age 40 in Quebec (2026)
At 40, needs are at their peak and rates are still reasonable. Here is what term, permanent and universal life insurance really cost at age 40, from the insurers we compare.
Your forties pile everything on at once: the mortgage is not paid off, the children cost more every year, income is at its highest, and some people start to see blood pressure, cholesterol or a diagnosis appear. It is the age at which the difference between “insuring now” and “insuring in five years” adds up the most.
It is also the age for reviewing a policy taken out at 30: is the amount still enough, does the term run until the children are independent? The tables give the rate for a new policy; compare it with yours before letting it go.
In brief, at age 40, non-smoker, survey of October 30, 2026:
- 20-year term, $250,000: from $19.58 a month for a woman, $26.33 for a man.
- Permanent insurance payable for life, $100,000: from $75.38 a month for a woman, $90.90 for a man.
The full tables at age 40
Lowest monthly premium among the insurers we compare, by product and by coverage amount. Hover over a rate to see the insurer.
Term and universal protection at age 40
40-year-old woman, non-smoker
| Product / Amount | $100,000 | $250,000 | $500,000 | $1,000,000 |
|---|---|---|---|---|
| 10-year term | $9.63 | $13.05 | $18.45 | $31.05 |
| 20-year term | $11.97 | $19.58 | $32.40 | $56.70 |
| Universal, level cost | $73.21 | $158.95 | $311.70 | $576.51 |
40-year-old man, non-smoker
| Product / Amount | $100,000 | $250,000 | $500,000 | $1,000,000 |
|---|---|---|---|---|
| 10-year term | $10.35 | $16.43 | $26.10 | $46.35 |
| 20-year term | $14.40 | $26.33 | $43.20 | $79.20 |
| Universal, level cost | $79.28 | $171.94 | $337.67 | $636.74 |
Permanent protection at age 40
40-year-old woman, non-smoker
| Product / Amount | $25,000 | $50,000 | $100,000 | $250,000 |
|---|---|---|---|---|
| Permanent, payable for life | $24.74 | $42.29 | $75.38 | $177.66 |
40-year-old man, non-smoker
| Product / Amount | $25,000 | $50,000 | $100,000 | $250,000 |
|---|---|---|---|---|
| Permanent, payable for life | $28.69 | $49.01 | $90.90 | $211.62 |
* Lowest monthly premium among the insurers surveyed through WinQuote on October 30, 2026, for a non-smoker living in Quebec, in good health (standard class) or under simplified issue for the “no exam” rows. For guidance only: your rate depends on your health, your habits and the insurer chosen. Get your actual rate.
What these rates mean at age 40
- At 40, a 20-year term covers you to 60, which is the end of most mortgages and of the children’s studies: it is the most requested term at this age.
- A smoker often pays double the rates shown. Quitting twelve months before applying restores non-smoker rates with most insurers.
- Permanent insurance becomes a real topic at 40 if your estate includes a cottage, a rental property or a business: taxes at death can be calculated, and insured.
- A recent diagnosis does not close the door: simplified issue products cost more, but they accept files that standard underwriting declines or charges an extra premium for.
Other ages
Rates at age 30 · Rates at age 50 · Rates at age 60 · Rates at age 70 · The barometer and the method