Term life insurance quotes

Term Life Insurance — Get a Quote

How it Works

Term life insurance is the most straightforward form of protection. You generally pay premiums on a monthly or annual basis and your family is protected for that «term.» State Farm Life Insurance Company and State Farm Life and Accident Assurance Company (Licensed in NY and WI) offer a variety of affordable term life insurance products to fit your needs, time frame, and budget.

  • Help provide for a family’s loss of income
  • Cover short-term debts and needs
  • Provide additional insurance protection during the child-raising years
  • Provide longer term protection to help your family pay off a mortgage or to help pay for a college education

Term Life Insurance Policies

Sample rates are for a 25-year-old female in excellent health in Illinois. Get a quote to see personal pricing.

Select Term Life Insurance

Select 10, 20, or 30 years of coverage and a guaranteed benefit. Coverage starts at $100,000, and the affordable premiums are level for the initial policy term. Once past the level premium period, premiums will increase annually. The policy is guaranteed to renew up to age 95 and is convertible to a permanent policy regardless of health, subject to age limits.

Return of Premium Term Life Insurance

Return of Premium Term Life insurance offers you coverage with a level premium payment for 20 or 30 years, whichever you choose. If you outlive that premium period, all policy premiums you’ve paid will be returned to you. Coverage starts at $100,000. The policy is guaranteed to renew up to age 95 and is convertible to a permanent policy regardless of health, subject to age limits. Once past the level premium period, premiums will increase annually.

Mortgage Term Life Insurance

Mortgage Life 15 or 30 is designed to provide funds for the repayment of a residential mortgage in the event of premature death. Coverage is available for 15- or 30-year periods. After the first five years, the death benefit, which is meant to behave similar to your mortgage, decreases over the life of the policy. It is sometimes called a «decreasing term» policy. You choose the amount of coverage ($50,000 minimum) based on your mortgage balance. The policy is convertible to a permanent policy regardless of health, subject to age limits.

Instant Answer Term Insurance®

Instant Answer Term Insurance® provides $50,000 of death benefit protection until age 50 or 10 years, whichever is longer and is designed to provide a base level of life insurance protection at an affordable price. This insurance is well suited for protecting goals such as paying off a loan and/or covering funeral expenses and provides customers with the opportunity to apply for coverage, receive an underwriting decision, and if approved – purchase the policy on the same day at an agent’s office.

Term Life Insurance Calculator

Find an Affordable Term Life Insurance Quote!

The amount of life insurance you may need can increase or decrease with all the different changes in your life, such as getting married, buying a home, starting a family or getting a raise at your job.  Planning for your family’s future is an important one, so you should have all the information you need before you buy a term life insurance policy. Before you get a term life insurance quote or buy a term life insurance policy, use our term life insurance calculator to make sure you are covered appropriately.

Our term life insurance calculator includes economic forecasting which models income growth and growth of money you put in savings. So you’ll have more information when it’s time to get your term life insurance quote and buy your term life insurance policy.

Company and Plan Information

American General Life Insurance Company

Policies issued by American General Life Insurance Company (AGL), Policy Form Numbers ICC16-16901, 16901, ICC16-16900 and 16900. AGL is responsible for financial obligations of insurance products and are members of American International Group, Inc. (AIG). Products may not be available in all states and product features including rates may vary by state. All guarantees and benefits of the insurance policy are backed by the claims-paying ability of the issuing insurance company. They are not backed by the broker/dealer and/or insurance agency selling the policy, nor by any of their affiliates, and none of them makes any representations or guarantees regarding the claims-paying ability of the issuing insurance company.

Banner Life Insurance Company (L & G)

Legal & General America life insurance products are issued by Banner Life Insurance Company, Urbana, MD and William Penn Life Insurance Company of New York, NY, NY. Banner is licensed to do business in 49 states and the District of Columbia. William Penn does business exclusively in New York; Banner does not solicit business there. LAA1978 (05-15) 15-209. OPTerm Series Policy Form Banner — OP100218, Banner — OP150218, Banner — OP200218N, Banner — OP200218S, Banner — OP250218N, Banner — OP250218S, Banner — OP300218N, Banner — OP300218S.

John Hancock Life Insurance Company

Insurance products are issued by John Hancock Life Insurance Company (U.S.A.), Boston, MA 02210 (not licensed in New York) and John Hancock Life Insurance Company of New York, Valhalla, NY 10595. Policy Form Series: ICC16 2017TERM, 2017, Term Rider Form Series: 17UPR,S128-6,S134-1.

Lincoln National Life Insurance Company

Lincoln LifeElements® Level Term (2017) — 03/12/18 is issued on policy form TRM6063 and state variations by The Lincoln National Life Insurance Company, Fort Wayne, IN, and distributed by Lincoln Financial Distributors, Inc., a broker-dealer. The Lincoln National Life Insurance Company does not solicit business in the state of New York, nor is it authorized to do so. All guarantees and benefits of the insurance policy are subject to the claims-paying ability of the issuing insurance company. They are not backed by the broker-dealer and/or insurance agency selling the policy, or any affiliates of those entities other than the issuing company affiliates, and none makes any representations or guarantees regarding the claims-paying ability of the issuer. Products, riders and features are subject to state availability. Limitations and exclusions may apply. Not available in New York. Check state availability.

North American Company for Life and Health Insurance

ADDvantage plans are issued on policy form series LS174, Accelerated Death Benefit Endorsement is issued on form series LR474, Children’s Term Insurance Rider is issued on form series LR456, Waiver of Term Premium for Disability Rider is issued on form series LR472; or state variations by North American Company for Life and Health Insurance, Administrative Office, One Sammons Plaza, Sioux Falls, SD 57193. Product, features, riders, endorsements or issue ages may not be available in all jurisdictions. Limitations and restrictions may apply.

Pacific Life Insurance Company

Pacific Life refers to Pacific Life Insurance Company and its affiliates, including Pacific Life & Annuity Company. Insurance products are issued by Pacific Life Insurance Company in all states except New York and in New York by Pacific Life & Annuity Company. Product availability and features may vary by state. Each insurance company is solely responsible for the financial obligations accruing under the products it issues. Insurance products and their guarantees, including optional benefits and any crediting rates, are backed by the financial strength and claims-paying ability of the issuing insurance company.

Principal National Life Insurance Company

Principal National Life Insurance Company and Principal Life Insurance Company, Des Moines, IA 50392 Insurance issued by Principal National Life Insurance Co. (except in NY) and Principal Life Insurance Co. Principal National and Principal Life are members of the Principal Financial Group®, Des Moines, IA 50392. All guarantees and benefits of the insurance policy are backed by the claims-paying ability of the issuing insurance company. They are not obligations of, nor backed by, the broker/dealer and/or insurance agency selling the policy, nor by any of their affiliates, and none of them makes any representations or guarantees regarding the claims-paying ability of the issuing insurance company. Principal National Life Insurance Company Policy Form: ICC17 SN 104, Rider Forms: SN 2, SN 3, SN 4, SN 5, SN 42 and ICC17 SN105.

Protective Life Insurance Company

Protective Classic Choice Term, policy form number ICC16-TL 21/TL-21, and state variations thereof is a level death benefit term life insurance policy to age 90, issued by Protective Life Insurance Company, Birmingham, AL. Policy form numbers, product features, and availability may vary by state.

Consult policies for benefits, riders, limitations, and exclusions. Subject to underwriting. Up to a two-year contestable and suicide period. Benefits adjusted for misstatements of age and gender. In Montana, unisex rates apply. Premiums increase annually after the initial guaranteed premium period. All payments and guarantees are subject to the claims-paying ability of Protective Life Insurance Company.

Prudential (Pruco) Life Insurance Company

Term Essential (PLTIC-2016 or ICC16 PLTIC-2016) is issued by Pruco Insurance Company in all states except New York, where they are issued by Pruco Life Insurance Company of New Jersey. Both are Prudential Financial companies located in Newark, NJ. Each is solely responsible for its own financial condition and contractual obligations. The contract numbers may be followed by a state code. Not available in all states. The form number for the Accidental Death Benefit is TB 113-2000; the Waiver of Premium is TB 100-2000; and the Children’s Protection Rider is TB 182-2000.

Savings Bank Mutual Life Insurance Company of Massachusetts (SBLI)

Policy Form Series: B-52, B-54, B-56. Rider Form Series: BN-7L, BN-8, BN-9, BN-50, BN-56, BC-40.1, 14-WOPR. Dividends are not guaranteed. They are declared annually by SBLI’s Board of Directors. All guarantees are subject to claims-paying ability and financial strength of the issuing insurance company. Products and features may not be available in all states.

Transamerica Life Insurance Company

Trendsetter® Super Series are term life insurance policies issued by Transamerica Life Insurance Company, Cedar Rapids, IA. Policy Forms ICC17 TL22, TL22 0417, issued by Transamerica Life Insurance Company. Premiums increase annually for Trendsetter Super YRT, and beginning in year 11 for the 10- year policy, in year 16 for the 15-year policy, in year 21 for the 20-year policy, in year 26 for the 25-year policy, and in year 31 for the 30-year policy. Policy forms and numbers may vary, and these policies and the riders may not be available in all jurisdictions. Insurance eligibility and premiums are subject to underwriting. In most states, in the event of suicide during the first two policy years, death benefits are limited only to the return of premiums paid.

United of Omaha Life Insurance Company

United of Omaha Life Insurance Company is a Mutual of Omaha Company and is responsible for its own financial and contractual obligations. Base plan riders and product features may not be available in all states. These policies have exclusions, limitations and reductions. For costs and complete details of coverage, call or write your insurance agent. Policy Forms: Term Life 10 – 6179L-0696. Term Life 15 – 6181L-0696. Term Life 20 – 6182L-0696. Term Life 30 – 7064L-0203. Policy Exclusions: The policy’s face amount will not be paid if your death results from suicide, while sane or insane, within two years of the date of issue.

Quoting Information

All insurance quotes and products offered through QuickQuote Financial, licensed agency and Timothy S. Bain, licensed agent.

Premium rates quoted are current as of this date, as provided by our partner insurance companies. The premium rates shown are for quoting purposes only and are not an offer of coverage nor are they a guarantee of final premium rates for your policy. Final premium rates will be determined by the insurance company and are based on individual circumstances. As a result of underwriting, final premium rates may differ from quoted premium rates. Although we strive for 100% quoting accuracy, occasional quoting errors may occur.

QuickQuote Financial, Inc. is a licensed independent broker operating in 49 states and the District of Columbia. We represent our customers and are contracted to market the insurance products of several different insurance companies. QuickQuote Financial, Inc. does not contract with outside agents or brokers. Your insurance application process will be handled by employees of QuickQuote Financial, Inc., contracted partners, and the life insurance companies.

We charge no fees to our customers for our services. We are compensated directly in the form of policy commissions by the insurance companies we contract with. When you purchase a policy through QuickQuote Financial, Inc., the insurance company pays us a commission, depending on the contractual agreement in place. QuickQuote Financial, Inc. may also receive periodic bonus payments from insurance companies based on specified volume levels.

QuickQuote Financial, Inc. is completely impartial when it comes to helping customers select an insurance company. We do not direct customers to specific companies for purposes of increased compensation. Customers are able to select the company of their choice from our Website marketplace. As a customer, if you require assistance with your specific company selection, our team of Licensed Insurance Professionals will help you find the company and product that best meets your individual needs.

Term life insurance is best for specific expenses

If you have a specific need or time frame in mind, then term life insurance may be your best choice. And with Progressive® Life by Efinancial, you don’t just get affordable term life insurance. You get the most bang for your buck, as term life is the most affordable kind of life insurance available through Efinancial.

What is term life insurance and when it’s best

Term life insurance policies are available for ages 18-80, and you can choose to have your policy last from set term lengths—the most common are 10, 15, 20, 30 years and pay out $100,000+. Your payments and benefit are fixed, meaning that neither will change or fluctuate during your term length.

Specific situations: Term life insurance is perfect for specific time frames, such as paying off your 30-year mortgage, or for specific needs, such as paying your children’s college costs that will start in 15 years. Basically if your finances are in order, but you’re worrying about a few larger expenses that you can time, term life will give you the most bang for your buck. If you want a policy that lasts your entire lifetime, then permanent life insurance might be best for you.

Keep in mind that term life insurance rates are usually more affordable while you’re younger, and rates can increase as you get older. So the sooner you request a quote, the better your price may be.

Everything else term life insurance covers

When you get a term life insurance quote, you should determine how much coverage your family will need. Typically, customers get term life insurance to cover:

  • Lost income
  • Mortgage payments
  • Children’s college tuition
  • Other debts that have specific end dates such as a car loan or business loan
  • Funeral or any other expenses your family may have

Get a term life insurance quote and instantly compare rates

We selected Efinancial to help you instantly compare term life insurance rates. Just get a quote, review a few different policy options, and estimated rates from leading term life insurance companies—then continue with the best company for you.

Depending on the coverage you select, a brief medical exam may be required to secure the best rate. See more on other types of life insurance we offer.