Think of term life insurance as “basic” coverage, providing financial protection for a set number of years. It’s an affordable solution when you may not want to pay more costly premiums or lock in a long-term permanent insurance plan.
Or you may not need or want the additional features of a permanent plan. As the name suggests, term life covers you for a specific period of time, which you determine based on your needs.
Pricing is flexible depending on the term selected. You can opt to renew annually or elect a pricing plan based on specific time periods, such as 10, 15 or 20 years. We have 18 different choices to customize the length of the policy to your needs so you don't have to pay for more than necessary.
When the term ends, you can renew your plan or convert to a permanent one, depending on your specific policy.
