Term Life Insurance

Term life insurance offers a straightforward form of protection for a specific amount of time. A term life policy allows you to select a period of 10, 15, 20, 25, or 30 years, in which your premium never changes. After that initial period, you may continue your coverage to age 95, but the price may increase. This option allows you to provide your family the protection and peace of mind they deserve, at an affordable price.

Term life insurance might be the right fit for you if:

• You have a young family with large insurance needs and limited funds.
• You need protection for a period of time at an affordable rate.
• You need protection to cover your debt.
• Your loved ones would need help to pay for end-of-life expenses.
• Your family would need a way to replace your income.
• You need more insurance than your employer is able to provide. (Would $50,000 or whatever the amount ensure your family’s financial stability for the years ahead?)

After the initial term period (10, 15, 20, 25, or 30 years), you have the option to renew annually at a new premium each year until age 95. Additionally, our term life policies include a guaranteed conversion option during the level term period, provided the policy is converted to a permanent whole life policy before age 70. A whole life policy provides insurance protection for the rest of your life.

Calculate your coverage needs with our life insurance calculator. Then talk to a local, independent agent to see if term life insurance is the right option for you.

Life insurance policies are written by our subsidiary, Patriot Life Insurance Company, which operates in many states in the Midwest, Northeast, and Southeast regions of the United States.