Term Life
Term Life Insurance
Affordable, straightforward coverage for a defined period.
What it is
Term life pays a death benefit if you pass away during the policy's term — typically 10, 20, or 30 years. It's the lowest-cost way to get a large death benefit during your highest-responsibility years.
Who it’s for
Families with mortgages, young children, or income that loved ones depend on — anyone who wants a large benefit at a low monthly cost during a defined window.
What you get
- 10, 20, or 30-year terms — sometimes longer
- Level premiums for the life of the term
- Convertible options on many policies (convert to permanent without re-underwriting)
- Most affordable form of life insurance
Common questions
What happens if I outlive the term?
Coverage ends and there's no payout. Some policies offer return-of-premium riders, and most are convertible to a permanent policy before they expire — useful if your health changes during the term.
How much coverage do I need?
A common starting point is 10-12× your annual income, plus any debts you wouldn't want passed on (mortgage, private student loans). We'll walk through the details — household income, dependents, and existing coverage — to land on a number that fits.
Not sure if Term Life is the fit?
Take a minute to tell us what you’re trying to do, and we’ll point you to the product (or combination) that makes sense.