With a term life insurance policy, you pay fixed premiums for the term you’ve selected to be covered. Your monthly payments will stay the same throughout your premium period. If something were to happen to you, whoever you choose as your beneficiary will receive the tax-free death benefit.
How much does term life insurance cost?
The monthly cost for term life insurance will vary based on your specific situation. For example, the younger you are, typically the lower your premium will be as you are less likely to pass away before your term ends. Women also tend to pay less because on average they live longer than men. How healthy you are is also a factor in your cost.
Use our quick quote tool to see what it would cost you.