Term life insurance provides coverage for a specific period, typically 10, 15, 20, or 30 years. If you pass away during this term, your beneficiaries receive a tax-free death benefit. If you outlive the policy, the coverage ends unless you renew or convert it.
Term Life
Protection That Fits
Your Budget and Your Life
Term life insurance provides a death benefit for a set period — typically 10, 20, or 30 years. If you pass away during the term, your beneficiaries receive a tax-free payout. If the term ends and you no longer need coverage, you simply let it expire. It is the most affordable way to get substantial coverage when your family needs it most.
