How much does a healthy 35-year-old typically pay for a 20-year term life policy?

Term life is cheaper than most people expect. A healthy, non-smoking 35-year-old can often buy a 20-year, $500,000 level term policy for roughly $25 to $40 a month, and a $1,000,000 policy for perhaps $45 to $70 a month, with women generally paying a bit less than men because of longer life expectancy. Actual quotes vary by insurer, health class, build, family history, and any risky hobbies, so shop several carriers or use an independent broker. Rates rise meaningfully with age and with any adverse health findings, which is the core argument for buying young and locking in a level rate. Get real quotes rather than relying on averages, since your health class is the biggest swing factor.