Request A Free Life Insurance Quote Today!

All rates are subject to underwriting approval. By pressing the "Send Email" button, you agree to Buy Life Insurance For Burial's privacy policy, and consent to a licensed agent of Buy Life Insurance For Burial to contact you at the phone number(s) you provide. We will not share your information with another entity.

Life Insurance for a 35-Year-Old Woman

Life Insurance for a 35-Year-Old WomanLooking for a quote for life insurance or burial insurance? Click here and send me a message with details of what you’re wanting to accomplish. If you’d prefer to talk live, call 888-626-0439 to speak with me directly.

In This Article I’m Going To Specifically Discuss How A 35-Year-Old Woman May Be Able To Qualify For A Life Insurance Program

Most likely you’re here today because either yourself or your loved one is a 35-year-old woman who recognizes the importance of having some kind of life insurance coverage in place. Maybe you’ve lived through a recent tragedy in your life where you’ve lost a loved one and you have seen how having life insurance makes a tremendous difference. Or perhaps you have seen the unimaginably affect of not having insurance and all the financial problems it can cause for those left behind.

Regardless of the position that you’re in, you’re in the right place if you want to learn more about the options available to you as you start your quest for life insurance coverage.

My goal in this article is to explain all the situations common to women who are 35, as well as how coverage works and the types of plans available so that you are armed with everything you need to consider when buying life insurance.

Specifically, We’ll Talk About A Number Of Factors Including:

Reasons to buy life insurance as a 35-year-old woman

Top 5 reasons why a 35 year old buy life insurance policy

There’s approximately 10 major reasons I’ve experienced as a life insurance agent that motivate people of all different ages, including 35-year-old women, to purchase a life insurance program.

What follows in this section is a detailed analysis of each of these options so that you can better clarify in your own mind your reasons for purchasing life insurance coverage.

1st Replace your income

If you are a working lady and you have children have you thought about what would happen if you were to pass away? How would your family subsist without your income?

If you feel that they would struggle and potentially have to downgrade their lifestyle because of the loss of your income, than a life insurance plan is a smart decision.

A life insurance plan is designed to pay a death benefit to the beneficiary of your choice, whether it’s your spouse or children, and then from there they can do whatever they wish with the money.

Most commonly the biggest concern facing a 35 year old is replacing future income that they otherwise would have made over a typical working life of approximately 30 more years.

We usually recommend a starting point of 10 times the annual earnings in life insurance coverage. This means if you make $70,000 a year, that $700,000 in life insurance coverage would be enough coverage to replace your future income and provide for your family and children.

2nd Cover a mortgage

4 types of debt that life insurance can pay off

Many individuals in their mid 30’s have recently purchased a home or owe money on a mortgage. Mortgages are the largest expense that Americans owe and it’s important to consider how to take care of mortgages if either you or your spouse were to pass away. A lot of people purchase life insurance to cover the mortgage cost so that the mortgage can either be completely paid off or payments can continue to be made.

This alleviates a major financial concern from the family, allowing them to continue to live in the home without worrying about monthly payments.

3rd Cover final expenses

Death comes unexpected so better buy life insurance to shoulder your burial expenses

Nobody gets out alive after all, and most of us are going to end up being buried or cremated. The costs of doing so goes up every year and many people are caught unaware of the expense involved.

While at 35 you may not think much about dying and the final expenses involved, it’s important to have an idea of the amount of coverage needed.

It’s likely when you consider rising prices over many years to come and the likelihood of someone who is 35 living to be 80 or older, that the current price of funerals will be much higher in the future. That’s why I would recommend allotting approximately $25,000 for either a cremation or burial to accommodate  for the price differences that your family will ultimately have to face when you die.

4th Protect your retirement plan

Part of the benefit of life insurance is not just to cover today’s expenses but also tomorrow’s concerns. If you’re a working woman at age 35, part of your income is probably going to some sort of 401k plan or if you’re self employed an IRA type plan.

These plans are utilized to make sure that once you hit retirement age you have sufficient money accumulated to help finance your golden years.

If you die earlier than expected, then just as any other expense, these components will also experience a loss of funds. It’s important to also accommodate for what you might set aside for retirement in the future and make sure that you have planned accordingly so that your family has the money on hand to accommodate for that loss.

5th Supplemental life insurance retirement

Life insurance can not only be used to pay off debts and replace income. It can also be used as a living benefit program that can essentially give you tax free income.

These type of plans are a little more complicated than a traditional term life insurance policy. But if you’re interested in utilizing a product that minimizes your exposure to the variable risk of the stock market, but also gives you growth potential, make sure you contact us at Buy Life Insurance for Burial to explain more about how these retirement based life insurance programs work.

6th Business continuity

If you are 35 years old and have a business partner, you may want to consider life insurance coverage to protect business continuity.

Here’s how these plans work. Let’s say you’re in partnership with somebody and you jointly own the company. If your partner dies, the partner’s heir comes in to the business and takes over. This heir has equal decision making power to you.

The problem with this circumstance is that though there may be good intentions, their goals might be completely different than the goals you and your original partner had set out to accomplish. If a partner is insured it creates a better situation all around because most surviving families members want to sell their share in the business anyway.

This is where a partnership continuity plan comes into place. Essentially you and your partner are insured for coverage. The corporation pays for the coverage. The beneficiary is the surviving family of the deceased partner.

In addition, you draft up a legal document that stipulates that upon the passing of the partner, the life insurance policy funds the proceeds of the buyout provision so that the surviving partner gains full control of the business in exchange for the death benefit the family receives to buy their portion of shares.

This allows for either partner, whether you die or your partner dies, to retain control of the business and allow the business to continue on.

7th Key person

You may not have a partner, but do have a key person in your business. It’s important to make sure that these people are covered because if you lost them, you may lose contacts and business interest and may experience short term losses.

A key person policy works like this – The corporation pays the plan, with the beneficiary being the company and the insured person being the key person. These plans provide liquidity and money to cover losses potentially as well as to give you time and space to hire somebody as a replacement.

8th Business loan

If you’re in business and you are looking to expand operations with a business loan, the bank may require you buy some sort of short term policy to ensure if anything happens to you that the loan is paid in full.

Term life insurance is typically used in this scenario.

9th Love

At the end of the day, life insurance is about love. Whether it’s protecting your business or the love of your family, life insurance’s role is to protect the things you love most.

If you are a 35-year-old female, you probably have a family of your own. Your kids and spouse are the people you should be most concerned about. No doubt you do not want to burden them with any debt you’ve accumulated should you pass away sooner than expected.

What types of life insurance coverage are available to a 35 year old?

In this section I’m briefly going to describe the three most common life insurance policies that are available as well as mention the rates you may end up eventually paying for each kind of plan. The goal of this section is to better define options so that you can pick the one that will be best suited to your personal tastes.

Term Life Insurance

Term insurance is the most popular form of life insurance available. It provides the most coverage for the least amount of money per month. It generally lasts 10, 20 or 30 years and retains the same premium for that set period of time.

If you die for any reason, whether naturally or by accident, your named beneficiary receives a pay out.

Most people purchase term insurance not just because it’s a better price point deal overall, but also because it answers many of the concerns that people have financially, such as replacement of income, protection of a retirement plan, and paying off debt like a mortgage.

The drawback of term life insurance is that you may outlive the coverage and may still need it. This is why it’s important to analyze why you’re purchasing life insurance so that you can purchase the right kind of insurance to meet your needs.

If you buy term insurance simply because it’s cheap, but it doesn’t cover the type of debt you have or meet your full insurance needs, then you could potentially suffer the consequences later on.

Of course, Buy Life Insurance for Burial can help you identifying what your needs are and help you solidify those thoughts by making recommendations on which plan would work best for your particular circumstance.

Term Life Insurance Coverage – 10 Year Term – $100,000 in Coverage

Term Life Insurance Coverage – 10 year Term – $250,000 in Coverage

Term Life Insurance Coverage – 10 year Term – $500,000 in Coverage

Term Life Insurance Coverage – 10 year Term – $1,000,000 in Coverage


Whole Life Insurance

Whole insurance offers permanent protection and never cancels due to age or health.

In certain cases you’ll pay lifetime premiums and other times you may pay up for a period of time, sometimes 5, 10, 20 years, and then stop making payments, but unlike term insurance, still keep the coverage. All life insurance plans can accumulate dividends and therefore grow cash value which you can borrow or use in retirement. A whole life insurance plan is most commonly used to fund final expenses. See rate table below.

Rates For $10,000 In Burial Insurance

Rates For $25,000 In Burial Insurance


$150,000 Whole Life Insurance, Life Pay

$250,000 Whole Life Insurance, Life Pay


Universal Life Insurance

Universal life insurance is a hybrid between term life and whole life insurance.

These type of plans can be permanent but also temporary depending on how they’re set up. Rates stay the same as long as they are properly designed up front. Although with certain variables, they do have the risk of going up in price. I liked universe life plans best when we’re just looking for a policy that maximizes a death benefit payout or that is associated with some type of supplemental life insurance retirement program. See chart below for sample rates.

$50 a Month – Guaranteed Universal Life Insurance

$100 a Month – Guaranteed Universal Life Insurance

$150 a Month – Guaranteed Universal Life Insurance


Strategies to get the best package deal for a 35-year-old female

In this section, I’m going to give you my thought process and what you need to consider in order to have the best opportunity for the best price and coverage.

Work with a broker

Working with a broker is the most important decision you can make when buying life insurance coverage.

Why? Because brokers shop around, looking at price and coverage to see who’s going to give you the best combined value.

What you don’t want to do is work with a one trick pony agent that represents only one company. They may not give you the best options for price or coverage, especially if you’ve had health issues or if there’s something on your record that may be a cause for concern.

A broker gives you options, which is the greatest thing you can have as a consumer because it empowers you with choice. Choose a broker like us, Buy Life Insurance for Burial, to help you clarify your goals and find the best price.

Clarify your goals

This goes back to what I mentioned earlier.

It’s important to clarify your goals so that you know which type of insurance will accomplish those desires.

The sooner you do this, the easier it will be to pick a plan that you’ll be committed to, not just at the time of purchase, but also throughout the entirety of your life.

Clearly define your budget

Budget is important to me as a life insurance agent, especially since most of the clients I have worked with were people who are on a fixed income and over 60 years old. At 35 years old, it’s unlikely you’re on a fixed income, but you probably have a budget and know the amount of coverage you’re comfortable paying.

Don’t put yourself in a position where you may drop the plan 6 to 12 months from now because you spent more than you really could afford.

Ultimately you’ll end up losing coverage because you can’t keep up with payments and your money will be wasted.

Factors that affect your ability to qualify for coverage


Your health has a direct impact on your insurability. We’ll ask a number of health questions typically covering the past 10 years as it related to internal and external factors.

Smoking & height/weight ratio, age & lifestyle

Questions related to whether or not you smoke, your height/weight ratio, your age, and your lifestyle will not necessary cause you to be declined, but may cause price increases.

The older you are, the more you’ll pay. If you smoke tobacco, it’s also likely you’ll pay more. The same is true if you are overweight.

David Duford owner of buy life life insurance for burial with his twin girls

My twin girls Emily and Eva thank you for reading, and hope you’ve gained truly valuable information on your search for life or burial insurance. If you’re ready to discover your options for life or burial insurance, call me at 888-626-0439 now for your free life insurance quote!

Keep in mind, this is why it’s important to work with a broker at Buy Life Insurance for Burial because we want to avoid these potential price increases as much as possible and understand that some companies look at different aspects of your background and health more liberally than others.

Profession & hobbies

Your profession, as well as your hobbies may be a concern for life insurance companies.

They will look for the level of risk involved, so for example high attitude mountain climbing and scuba diving may be considered risky hobbies and truck driving and commercial fishing may be considered riskier professions.

Don’t allow these factors to concern you or prevent you from seeking out coverage.

We are more than happy to help you through the application process and if any of these factors are a concern we may find  a company that will be more attentive to these particular issues and still offer affordable coverage.


We work with individuals across the nation to secure the best life insurance rates.

This entry was posted in Life Insurance for Special Population. Bookmark the permalink.

Leave A Reply