Affordable Life Insurance Protection for Your Family

Term Life Ins Quote

How to Get a Term Life Ins Quote

erm life insurance offers life insurance protection for a specific number of years. It builds no cash value, you pay only for the life insurance. That's why term life insurance is less expensive than permanent life insurance. So you can afford more protection for your loved ones.

  • Term life insurance lasts for a specific number of years, from 1-30 years. The most common term is 10, 20 or 30 years.

  • Term life insurance policies pay the beneficiary the face amount of the life insurance policy if the insured person dies during the term of the policy. For example, a 15-year term life policy with a face amount of $250,000 would pay $250,000 to the beneficiary if the insured died any time during those 15 years.

  • Usually, term life costs less than permanent life insurance.

  • At the end of the policy term, the insured is no longer insured, and a death benefit is no longer paid. Some term life insurance policies are renewable, or can be converted to permanent life insurance.

Top Pick – JRC Insurance Group
Compare the best term life insurance quotes from 40 of the leading life insurance companies in less than 2 minutes. Save up to 73%. Request your free quotes for term life insurance.

Term Life Insurance Has Three Standard Features

  1. Level
    Usually, the annual premium for the policy paid by the insured stays the same each year. The face amount of coverage also stays the same. Level term life insurance policies can usually last up to 30 years.

  2. Convertible
    Before the end of the term for your policy, the life insurance policy owner (you) may be able to convert the term life insurance policy into a permanent life insurance policy. The owner usually has a specific number of years during the term life insurance policy to convert the policy. The premiums usually increase for the permanent life insurance.

  3. Renewable
    Term life insurance policies that are renewable offer the owner of the policy the option of renewing the life insurance policy at the end of the policy term, up to a specific age limit (usually age 65 or 70). For example, a 15 year term policy may be renewed for another 15 years. If the policy is renewed, a medical exam may be required. The term life insurance premium will usually increase when the policy is renewed.

Term Life Insurance Quotes

Top Pick – JRC Insurance Group

JRC Insurance Group helps you shop, compare and save on life insurance. Regardless of your age or health background, we'll shop our 40+ insurance companies and find you affordable life insurance you need to protect your family and fit your budget. Compare the best life insurance rates for savings up to 73%. Get Your FREE Quote.

No Exam Term Insurance Quote | Term Life Ins Quote

Disclosure: Compensated Affiliate