Term life insurance is a budget-friendly option for covering costs that diminish over time, like consumer debt, mortgage balances, and education expenses. And because you can convert a term policy to a permanent policy later, it’s a great way to get started.
Term policies are a good fit for:
- Young policyholders who can take advantage of lower age-based rates
- Growing families with limited finances
- First-time life insurance purchasers who want a short-term solution until they can afford a more permanent one
- Permanent policy holders who want to supplement their coverage
We offer low rates, lots of flexibility, and tax-free death benefits for your beneficiary, in 10-, 15-, 20- and 30-year term lengths, as well as a one-year term for short-term needs.
And when you’re ready, you can convert your term policy to a permanent, cash-value policy with the same death benefit—without providing further evidence of insurability.