Life & Health

Term life insurance

Coverage for a set number of years, at a set price, so your family isn't left with the mortgage and the bills if you're not here. For most households it's the most protection per dollar available.

What it typically covers

  • A death benefit paid to the people you name
  • A level premium for the term you choose, commonly 10, 15, 20, or 30 years
  • Coverage that can often be converted to permanent later, depending on the policy
  • Riders for things like disability waiver or child coverage, depending on carrier

How to think about the amount

  • What's left on the mortgage
  • What it would cost to raise and educate your children without your income
  • Debts that would follow your spouse
  • How long the household would need to adjust

Common questions

  • Not always. Several carriers offer no-exam underwriting up to meaningful coverage amounts for healthy applicants. We'll tell you which path is likely to fit before you apply.

Commonwealth Legacy Group

Request a term life quote

Coverage for a set number of years, at a set price, so your family isn't left with the mortgage and the bills if you're not here.

Request a term life quote