Term Life Insurance

Term Life

Term life insurance is straightforward: It provides level term coverage for a specific period (or “term”). Term life insurance can be an especially good option when you’re just starting out, raising your family or building your business.

Each of our term life insurance policies offer unique benefits – benefits that appeal to your lifestyle today as well as your plans for the future.

Term Policy Options

Choice Term

A traditional term life insurance product, Choice Term offers a set amount of coverage for a pre-determined length of time. You choose the length of your policy –10, 15, 20 or 30 years, or the number of years until you reach age 65. With Choice Term, your premiums often remain level for the coverage period you select. If you choose to extend coverage, they’ll increase annually.

Income Guard Term Life

While many term policies offer a lump sum payout, Income Guard takes a different approach. It allows your loved ones to stay on their feet with set monthly benefit payments – like a paycheck – for many years, in addition to a one-time death benefit of $20,000. By receiving steady payments, their regular expenses like housing, car payments and childcare can be covered. The coverage period for this policy is 10 or 20 years.

Return of Premium Term

If you love the idea of having life insurance but don’t love the idea of spending money on a term policy you may never use, Return of Premium may be for you. With this policy, you choose a coverage period of 20 or 30 years and at the end of your term, you’ll receive a full return of all your base premiums. That lump-sum payment is non-taxable to you and can be used however you choose.

Increasing Term

Our Increasing Term product is designed for people who know it’s important to have coverage now, but also know they'll need more coverage in the future – like when they expand their family or need to think about replacing a higher salary. The coverage period for this policy is 20 years. With Increasing Term, you’ll be allowed to increase coverage up to double the face value of your policy over the first five years without having to go through the underwriting process again.