Term Insurance Features


  • Affordable coverage that will expire when the time period you selected is up.
  • May be converted to permanent insurance (whole life or universal life) in the future.
  • Ideal for people who wish to provide life insurance protection for their families at a relatively reasonable price for a specific amount of time.
  • Term life insurance is an affordable way to get maximum coverage throughout that time frame, and so is great for helping to cover specific financial responsibilities, such as paying for a mortgage or saving for college expenses.

More information about life insurance

  • Learn what factors may influence the cost of your life insurance protection:
  • Premiums can be based on factors such as age, gender, medical history and the dollar amount of the life insurance you purchase.
  • To estimate the amount of life insurance your family would need, first calculate everything you now provide for your family including: Salary, Benefits/health insurance, 401(k) and retirement savings, personal services you perform for your family, such as child care, cooking, home maintenance, etc. Then, subtract your personal expenses including: Annual spending on personal needs, such as food, clothing, entertainment, etc.