Term life insurance provides coverage for a defined period—commonly 10, 20, or 30 years—and is generally the most affordable life-insurance option per dollar of coverage for the right age/health profile. Premiums are level during the term; coverage ends when the term expires unless renewed (rates step up considerably at renewal). Talk to a licensed professional about which term length best matches your household budget and obligations.
Life InsuranceFamily Protection10/20/30-Year
Term Life Insurance
Educational overview. Most often chosen to provide temporary coverage during income-earning years, mortgages, or family-raising periods. Available in level-term and decreasing-term varieties from many carriers.
