Most term life insurance policies last 10, 20, or 30 years. But for people who want protection that lasts longer, a 40-year term life insurance policy may be the right fit. It provides affordable, fixed premiums and guaranteed protection for four decades—making it a strong option for those who want stability beyond the typical term lengths. At Diversified Insurance Brokers, we help families compare 40-year term coverage with other options to ensure long-term security at the best value.

What Is a 40-Year Term Life Policy?

A 40-year term life policy provides level premiums and a guaranteed death benefit for four decades. It’s one of the longest term lengths available and is ideal for individuals who want extended coverage without moving into permanent life insurance. These policies are less common, so finding the right carrier is essential.

Benefits of a 40-Year Term Policy

• ✅ Locks in premiums for up to 40 years
• ✅ Longer protection than traditional term policies
• ✅ Provides peace of mind for family protection over the long term
• ✅ More affordable than permanent life insurance

Things to Consider

• Premiums are higher than shorter-term options (20- or 30-year)
• Not all carriers offer 40-year terms
• Approval depends on age and health—best for younger applicants

Comparison: 40-Year Term vs 30-Year Term vs Permanent

Case Example

A 28-year-old couple wanted long-term coverage to protect their children, who were just starting school. A 40-year term policy ensured they had guaranteed protection until retirement age, locking in affordable premiums while they were young. Compared to permanent life, it saved them thousands in premiums while still covering all major financial milestones.

Who Should Consider a 40-Year Term Policy?

• Young adults who want long-lasting protection without high permanent premiums
• Families planning for extended financial obligations
• Anyone who wants to lock in low rates early and keep them for decades

Why Work With Diversified Insurance Brokers?

Since 1980, Diversified Insurance Brokers has helped families secure affordable life insurance tailored to their long-term needs. With access to 75+ carriers, we know which insurers offer 40-year term policies and how to position your application for approval. Learn more about our life insurance options, explore burial insurance, and see why families choose to work with us.