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Obtain the largest death benefit for the lowest premium. Term insurance offers maximum financial protection during your key income-earning and family-raising years.
Term life is the most cost-effective way to buy life insurance. Lock in low, level premiums for the entire duration of your chosen term (10, 20, or 30 years).
Choose a specific term length that aligns perfectly with your major financial obligations, like paying off a mortgage or raising children until they become financially independent.
Protects your mortgage, debts, and children's college tuition.
Get the most coverage for the least amount of monthly premium.
Your premium payments are guaranteed level for the whole term.
Select a term length that matches your specific financial needs.
Replaces lost income for dependents if you pass away early.
Option to change to a permanent policy later, if needed.
Simple online application with quick underwriting decisions possible.
Provides essential financial stability during crucial life stages.
Term insurance is cheaper because it only provides a death benefit for a specific time period (the term). Unlike permanent policies, it does not build cash value, which significantly lowers the cost.
When the term ends, your coverage typically stops. You usually have three options: renew the policy (at a much higher premium), convert it to a permanent policy, or let the coverage expire.
Yes, most policies offer the option to renew annually after the term ends, but be aware that the renewal premium will be significantly higher, often increasing each year.
Yes. Once your policy is active, the premium you pay is guaranteed to be level (stay the same) for the entire duration of the term you initially selected (e.g., 20 years).
No. Term life insurance is known as "pure insurance" and does not include a savings or cash value component. It is strictly designed to provide a death benefit.
Most Term Life policies include a conversion privilege, allowing you to switch to a permanent policy (like Whole or Universal Life) before the term ends without needing a new medical exam.