Affordable protection for the people who matter most.
Term life insurance provides financial protection for your loved ones during the years they may need it most, at an affordable cost. If something happens to you during the term of the policy, your beneficiaries receive a tax-free death benefit that can help cover expenses, pay off debt, or maintain their quality of life.
How Does Term Life Insurance Work?
Term life insurance covers you for a set period of time, typically 10, 15, 20, or 30 years. If you pass away during that term, the policy pays out a lump sum to your chosen beneficiaries.
Here’s what you can expect:
- Level premiums: You pay the same premium each month for the length of the term
- Guaranteed death benefit: Pays out to your beneficiaries if you pass away during the coverage period
- No cash value: Term policies focus on protection, not investment or savings
When the term ends, you may have options to renew the policy, convert it to permanent coverage, or let it expire.
Why Consider Term Life Insurance?
Term life is a smart option for individuals or families looking for:
- Income replacement during working years
- Protection for children or dependents
- Coverage for a mortgage or other large debt
- Affordable premiums compared to permanent life insurance
- Flexible coverage periods to align with your financial goals
It’s a simple, cost-effective way to ensure your family is financially protected if the unexpected happens.