Coverage Details

Understanding Your Policy

Term Life is ideally suited for short-term needs as you can lock in the lowest rate today for the length of the term. Popular products are 10- and 20-year terms; these products are ideal when you want the most coverage possible today at the lowest price.

The insurer promises to pay the face amount on death in exchange for the set premium during the term. It's the simplest, most affordable form of life insurance — and the most popular choice for young families protecting against mortgage debt and income loss.

When to Choose Term Life

You need maximum coverage at the lowest cost
You have a specific financial obligation to cover (mortgage, children's education)
You want straightforward, easy-to-understand insurance
You're young and healthy — lock in unbeatable rates now
You plan to convert to permanent insurance later

Advantages

Lowest premiums of any life insurance type
Rate is fixed for the entire term length
Easy to understand — pure protection
Most policies are convertible to permanent insurance
Ideal for temporary financial obligations

Considerations

Coverage expires at end of term
Renewal premiums increase significantly
No cash value or equity accumulation
May become unaffordable at older ages

Get Started

Get started on your application

Follow these 3 steps to estimate your needs, preview premiums, and complete your application.

Estimate coverage needs

Use our benefit calculator to estimate how much life insurance your household may need.

Estimate monthly premiums

Open the quote tool to compare monthly premiums from multiple insurers.

Calculate

Complete your application

Fill out the questionnaire and we will recommend the best-fit insurer and policy.