What is term life insurance?
Term life insurance can provide a payout for the term, or length of time, you’ve selected in advance, usually for 10, 20, or 30 years. When the term expires, you may renew it, change the policy to permanent coverage, or allow it to terminate together.
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Payment is guaranteed during the term period as long as the premium is paid
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Premiums are based on age, health, and life expectancy
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You will not always need a medical exam for term life insurance
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You can apply online for term life insurance and may be approved in minutes
*Products and coverage differs and varies per carrier
Who should get term life insurance?
Term life insurance is first and foremost to take care of your dependent loved ones: Partners, children, brothers and sisters, parents. The payout will help them financially, either with your funeral expenses or any outstanding debts or commitments.
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Term life insurance can help your dependents who have future financial commitments and rely on your financial support.
Why do you need term life insurance?
Replace lost income
You can help your dependents financially who rely on your income with adequate life insurance coverage.
Pay off debt
Debt does not disappear, whether you are alive or not. In most cases, your debt (mortgages or other loans) may fall on your spouse or other family members who are co-signers – life insurance can help alleviate just that.
College planning
Insurance proceeds can be a good supplement for your kids’ savings towards college.
Funeral expenses
In the case of your passing, life insurance can help ease the financial burden of funeral expenses.
Business coverage
As a business owner and partner, life insurance helps lessen the financial burden one partner is left with if the other dies.
Inheritance taxes
To avoid having your family getting hit with a big estate and inheritance tax bill when you pass away, make sure to be covered with life insurance to help cover these added costs.
Protecting those you love is easy
When you take care of your life, it is easy to protect your loved ones
Step 1
Answer a few simple
questions about you and
your lifestyle
Step 2
Check your Quality of Life Index
to receive personalized advice on life insurance.
Step 3
Simply select the right
insurance plan and apply
online.