Term Life Insurance Quote
Affordable, no-frills protection for the years your family needs it most — a mortgage, young kids, or a single income covering it all.
Term life insurance covers you for a set period — typically 10, 20, or 30 years. If you pass away during that term, your beneficiaries receive a tax-free death benefit. If you outlive the term, the coverage simply ends (some policies let you renew or convert it).
It's the most affordable way to put a large amount of protection in place, because you're paying only for the coverage itself — there's no cash value or investment component built in.
Why it makes sense right now
- Premiums are locked in for the entire term based on your age and health today — the younger and healthier you are when you apply, the less you pay for the life of the policy.
- Most term policies can be converted to permanent coverage later without a new medical exam, so buying term now doesn't close the door on other options.
- Rates only go up with age, so waiting a few years to "think about it" has a real cost.
A quick side-by-side of how term and permanent coverage typically compare.
What does term life insurance typically cost?
Typical term lengths and what they're built for — actual pricing depends on your age, health, and coverage amount.
| Option | Best For | Coverage | Est. Cost | Key Benefit |
|---|---|---|---|---|
| 10-Year Term | Short-term needs, like a car loan or short bridge to retirement | $100,000 – $1,000,000+ | $10 – $25/mo | Lowest cost per dollar of coverage |
| 20-Year Term | Young families, growing mortgages, kids at home | $250,000 – $1,000,000+ | $15 – $35/mo | Balanced cost and coverage length |
| 30-Year Term | Long-term planners locking in a rate for decades | $250,000 – $2,000,000+ | $25 – $60/mo | Decades-long rate lock |
Rates vary by age, health, and lifestyle, and are subject to change — this is a general illustration, not a personalized quote.
Picking the right option for you
The right term length usually matches whatever it's protecting. If you have 22 years left on a mortgage, a 20 or 30-year term makes sense. If you're covering a shorter obligation — a business loan, the years until the kids are through college — a 10 or 15-year term may be all you need. We'll walk through your specific timeline rather than guess.
Your Term Life Insurance questions — answered
Get your free quote today
No obligation, no pressure — just straightforward numbers so you can make an informed decision.
Term Life Insurance is part of our Family Protection service.