Buying GuidesBuying Guides
Find the Right
Coverage for
Your LifeFind the Right
Coverage for
Your Life
Smart, easy-to-follow guides built around real life decisions — not insurance jargon.
Living Benefits
What happens when you get seriously ill?
These three riders let you access your death benefit while you're still alive.
Claims
How to file a claim
Claims Process
Understand exactly what to expect — whether you're filing a death benefit claim or a living benefits claim. Step by step, no surprises.
The basics
Understanding
Term Life Insurance
What is Term Life Insurance?
Term life insurance provides coverage for a specific period. If you pass away during the term, your beneficiaries receive a death benefit. It's the most affordable and straightforward type of life insurance.
How Much Coverage Do I Need?
A common rule of thumb is 10–15x your annual income, but the right amount depends on your debts, dependents, and future financial obligations like college tuition or mortgage payments.
Choosing Your Term Length
Term lengths typically range from 10 to 30 years. Consider how long your dependents will need financial protection — until children are grown, a mortgage is paid off, or retirement.
Understanding Premiums
Your premium is based on age, health, lifestyle, and coverage amount. Younger, healthier applicants pay less. Rates are locked in for the duration of your term.
Tips
Before you buy
- Buy coverage when you're young and healthy to lock in lower premiums
- Be honest on your application — misrepresenting information can void your policy
- Review your coverage needs as life changes (marriage, kids, home)
- Consider a policy that's convertible to permanent coverage
- Name a contingent beneficiary in case your primary beneficiary dies