Term life insurance is generally the least expensive form of life insurance. Term life insurance is purely "insurance", it pays a death benefit to your beneficiary or beneficiaries if you die during the term specified in your term life insurance policy. Compare to
Whole Life Insurance
. Term life insurance builds no cash value and as the insured gets older, the cost of premiums do increase. Term life insurance usually has a term of one, five, or 10 years, often with an option to renew. Term life insurance offers affordability and flexibility and with a term life insurance policy, you select the amount and duration of your term life insurance policy's coverage.
Life Insurance Calculator
- Enter your current assets, expenses, income and let us determine how much life insurance you need.
