How Much More Do Men Pay for Guaranteed Universal Life Insurance Than Women?

Assuming two individuals (one man, one woman) have the same age, health rating etc., it costs more to insure the life of the man. In this article, we’ll focus only on premium differences for guaranteed universal life insurance.

To answer the question of how large the differences are, we’ll use the same set of data/graphs¬†(ages 18-80 and five health classes for both genders) that we used for our article on what is the best age to buy guaranteed universal life insurance.

The differences vary by age and health rating, as seen below:

The percentage differences bounce around quite a bit, but generally the smoker health classes tend to have larger differences.

And, there is no general rule that younger or older individuals will have smaller or larger differences.

If we look at smokers and non-smokers separately it is less cluttered:

Other than at some of the younger ages, the three non-smoker classes have relatively similar percentage differences. At some of the younger ages, the least healthy of the three non-smoker classes has a much larger difference.

For the two smoker classes, the percentage differences for men and women are usually relatively close (but consistently higher than the differences for non-smokers).

The table below has some summary statistics on the percentage differences for each of the five health classes shown here.

Statistic NS 1 NS 2 NS 3 S 1 S 2
12% 12% 13% 18% 12%
18% 17% 24% 35% 29%
Mean 15% 15% 16% 22% 19%
Median 15% 15% 16% 20% 19%

In these examples, men pay anywhere from 12% to 35% more than women. The average difference is roughly 15% to 20%, with the higher amounts associated with smokers.

For the healthiest consumers (NS 1 and NS 2), there is not a lot of variation from year to year in how much more men will pay. For the less healthy consumers, the variation is greater.

One thing to keep in mind is that these are percentage differences. So if the premiums are small, such as for younger healthy people or lower face amounts, the dollar amount difference for men and women might not be significant.

On the other hand, older or unhealthy consumers with higher premiums will see a larger dollar amount difference between men and women.

Finally, although men pay more, it is not unwarranted since they are expected to die sooner. This should be taken into account when looking at things like the internal rate of return.


As a general guideline for a healthy consumer, men will pay about 15% more than women on average for guaranteed universal life insurance, with some variation for age and health ratings.

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