Life insurance

Your term policy ends at 56. Your family doesn't.

Term is the right answer for a debt with an end date. The trouble is that it expires at the exact age when coverage gets expensive — or impossible — to replace.

Same person. Same start. Age 26 to 60.

30-YEAR TERM: covered, then nothing. PERMANENT: Age 26. Age 40. Age 56. Age 60 Ages 26, 40, 56, 60.

30-YEAR TERM

covered

nothing

PERMANENT

  • Age 26

  • Age 40

  • Age 56

  • Age 60

  1. 26
  2. 40
  3. 56
  4. 60

Term, at the end

$0

Coverage gone. Premiums gone. Re-buying at 56 costs multiples, if your health still allows it.

Permanent, at 60

$736,267

Death benefit still growing, plus $566,359 you can reach without asking anyone.

Some obligations don't expire.

A buy-sell agreement. A key employee. An estate that's mostly land or a company. A personal guarantee you signed years ago. Term can't cover a need that outlives the term — and that's where a properly built permanent policy stops being expensive and starts being the only thing that works.

See how we build them →