Term Life Insurance
Coverage for a defined period of your life
Term life insurance covers you for a set period — such as 10, 15 or 20 years — and generally pays a benefit if you pass away during that term. It's one option to consider when your need for protection is tied to a specific time, like raising children or paying off a mortgage.
How It Works
Protection that lasts for a set term
With term life insurance, you choose a coverage amount and a term length. If you pass away during the term, the policy generally pays a death benefit to your beneficiaries. If the term ends, the coverage typically ends as well — though some policies may offer options to renew or convert.
Because term life is designed to cover a specific period, it often costs less than whole life coverage for the same death benefit. That can make it a practical choice for families balancing a budget while protecting their income.
Is It Right for You?
When term life may make sense
Term life is often considered when the financial responsibilities you're protecting have a time limit — for example, the years until children are grown or a mortgage is paid off. It's one of several options, and the right choice depends on your goals, budget and circumstances.
Not sure whether term or another type of life insurance fits? We can help you compare options so you can decide with confidence — no pressure.
- Coverage for a set period you choose
- Generally pays a benefit if you pass away during the term
- Often a lower-cost option compared with whole life
- Eligibility and rates depend on the carrier and your circumstances
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A quick, free conversation can help you understand what may be available — and whether term life fits your plan.
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Tell us what you're looking for and we'll help you understand what may be available — no obligation, no pressure.