Affordable coverage when you need it
Life insurance doesn’t have to be a lifelong commitment. Term life is affordable coverage for your big expenses, so you’re protected when it matters most.
What is term life insurance?
Term life insurance offers simple and affordable life insurance protection. You get valuable coverage for a set period, along with plenty of options to meet your needs and budget. It provides a tax-free cash payment to your beneficiaries if you die while your coverage is in effect. Term insurance provides protection for 10,20,30 years and to age 65.
Affordable coverage when you need it
Life insurance doesn’t have to be a lifelong commitment. Term life is affordable coverage for your big expenses, so you’re protected when it matters most.
It’s temporary coverage that lasts for a set period and automatically renews in most cases. With term insurance, the payments you make, called premiums, are set at an initial low cost and won’t change during that period.
It’s temporary coverage that lasts for a set period and automatically renews in most cases. With term insurance, the payments you make, called premiums, are set at an initial low cost and won’t change during that period.
Who is it for?
Term insurance is ideal for:
- Young families
- Young adults
- Business owners looking for immediate coverage
- Anyone looking for straightforward life insurance for short period of time
- Looking for affordable life insurance
How much does it cost?
In general, term life insurance is the most affordable type of life insurance available. There are a few factors that can affect the price of your policy, including:
- Age
Generally, insurance is less expensive when you’re younger. - Health
Family history, chronic diseases and lifestyle can increase costs. - Gender
Women live longer than men on average, so insurance may cost less. - Occupation
If you have a dangerous job, your insurance costs can be higher.
