Term Life Insurance — Pure Protection at the Lowest Cost
Term life insurance provides a death benefit for a specific period (10, 20, or 30 years). If you die during the term, your family receives the full payout. If you survive the term, the policy expires with no payout.
Who Needs Term Insurance
Anyone with financial dependents: spouse, children, aging parents, or anyone who relies on your income. If your death would cause financial hardship for someone, you need term insurance.
How Much Coverage
10-15x your annual income. Earning $75,000? Get $750,000-$1,125,000 in coverage. Add outstanding debts (mortgage, car loans) to this number.
Cost Comparison
| Age | $500K Coverage | $1M Coverage |
|---|---|---|
| 25 | $15/month | $25/month |
| 30 | $20/month | $30/month |
| 35 | $25/month | $40/month |
| 40 | $35/month | $60/month |
| 45 | $55/month | $95/month |
The younger you buy, the cheaper it is. Lock in low rates now — they never increase during the term.