Term Life Insurance

Affordable, straightforward life insurance coverage for a specific period of time. Protect your family during your most important years with level premiums that never increase.

What Is Term Life Insurance?

Term life insurance provides coverage for a specific period of time—typically 10, 15, 20, or 30 years. If you pass away during the term, your beneficiaries receive a death benefit to help cover expenses, pay off debts, or replace lost income.

Unlike permanent life insurance, term policies are designed to be affordable and straightforward. You choose the coverage amount and term length that fits your needs, pay a fixed premium, and your family is protected.

10
10-Year Term
Ideal for short-term needs like covering a loan or bridge coverage until retirement.

Best for: Short-term debt, temporary income needs

15
15-Year Term
Good middle-ground coverage for those with medium-term financial obligations.

Best for: Mid-career professionals, car loans

20
20-Year Term
Popular choice for families wanting coverage through their children's college years.

Best for: Young families, mortgage protection

30
30-Year Term
Maximum protection period for long-term financial security and peace of mind.

Best for: New parents, new homeowners

Choose Your Term Length

Select the coverage period that aligns with your financial goals and obligations.

10
10-Year Term
Ideal for short-term needs like covering a loan or bridge coverage until retirement.

Best for: Short-term debt, temporary income needs

15
15-Year Term
Good middle-ground coverage for those with medium-term financial obligations.

Best for: Mid-career professionals, car loans

20
20-Year Term
Popular choice for families wanting coverage through their children's college years.

Best for: Young families, mortgage protection

30
30-Year Term
Maximum protection period for long-term financial security and peace of mind.

Best for: New parents, new homeowners

How People Use Term Life Insurance

Term life insurance provides essential protection for life's biggest financial responsibilities.

Mortgage Protection

Ensure your family can stay in their home if something happens to you.

Income Replacement

Replace lost income so your family can maintain their standard of living.

Education Funding

Make sure your children's education is funded regardless of what happens.

Debt Coverage

Protect your family from inheriting your debts and financial obligations.

How Much Coverage Do You Need?

A common rule of thumb is to have coverage equal to 10-12 times your annual income. However, the right amount depends on your unique situation:

Consider your debts

Include mortgage balance, car loans, student loans, and credit card debt.

Factor in future expenses

Children's education, spouse's retirement needs, and ongoing living expenses.

Account for final expenses

Funeral costs, medical bills, and estate settlement expenses.

Not sure how much you need? Our online application will help guide you through selecting the right coverage amount based on your specific needs and budget.

Protect Your Family with Term Life Insurance

Affordable coverage that fits your budget. Apply online and get a decision fast.

Fidelity Life Association
10-Minute Application