Life insurance doesn’t have to be a lifelong commitment. Term life is affordable coverage for your big expenses, so your loved ones are protected when it matters most.
It’s temporary coverage that provides the people or charities you name as beneficiary with a tax-free payout if you die within the term you choose.*
The money can be used to pay bills, the mortgage, kids’ education or to keep your business running.
The payments you make, called premiums, are set for the term you choose and won’t change during that period.
Choose the coverage amount and term length you want.
Customize your coverage with additional benefits.
Pay the monthly or annual premiums.
When the term is up, your policy will automatically renew each year, or you can end it or convert it to longer-term or permanent life insurance, within limits.
If you die while your policy is active, the people or charity you named as beneficiary receive a tax-free payout.