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Term Life Insurance

Term life insurance is a type of life insurance that provides coverage for a specific period of time, or term, typically 10, 20, or 30 years. Term life insurance policies do not have a savings component, and the premiums are generally lower than those for whole life insurance. Continue Reading Below

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Gerber Life Insurance Company logo

Gerber Guaranteed Life Insurance Plan

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Washington National Insurance Company logo

Washington National Life Insurance

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Encyclopedia Articles

Discover the definition of financial terms related to term life insurance.

What is Key Person Insurance? How Business Life Coverage Works Thumbnail

What is Key Person Insurance? How Business Life Coverage Works

Andrew Latham

IUL Life Insurance: How Indexed Universal Life Works, What It Costs, and Who It Fits Thumbnail

IUL Life Insurance: How Indexed Universal Life Works, What It Costs, and Who It Fits

Andrew Latham

What Is Life Insurance? Types, Coverage, and How It Works Thumbnail

What Is Life Insurance? Types, Coverage, and How It Works

Andrew Latham

Nonforfeiture Clause: Meaning, Types and How It Works Thumbnail

Nonforfeiture Clause: Meaning, Types and How It Works

SuperMoney Team

Conversion Privilege: Definition, Benefits, and Real-Life Scenarios Thumbnail

Conversion Privilege: Definition, Benefits, and Real-Life Scenarios

Silas Bamigbola

Yearly Renewable Term (YRT) Insurance: Definition, Examples, and Suitability Thumbnail

Yearly Renewable Term (YRT) Insurance: Definition, Examples, and Suitability

Silas Bamigbola

Renewable Term Life Insurance: Explained, Benefits, and Considerations Thumbnail

Renewable Term Life Insurance: Explained, Benefits, and Considerations

Silas Bamigbola

Group Life Insurance: Definition, Examples, and Benefits Thumbnail

Group Life Insurance: Definition, Examples, and Benefits

Silas Bamigbola

Credit Life Insurance: What It Is, How It Works, and Pros & Cons Thumbnail

Credit Life Insurance: What It Is, How It Works, and Pros & Cons

Alessandra Nicole

Understanding the Life Insurance Free Look Period Thumbnail

Understanding the Life Insurance Free Look Period

Silas Bamigbola

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Learn About Term Life Insurance

Thumbnail for Blog Article: Average Cost of Life Insurance in 2026: Rates by Age, Term and Coverage

Average Cost of Life Insurance in 2026: Rates by Age, Term and Coverage

SuperMoney Team

Thumbnail for Blog Article: Burial Insurance: What Is It and How Does It Work?

Burial Insurance: What Is It and How Does It Work?

Lacey Stark

Thumbnail for Blog Article: What Is The Average Cost Of Life Insurance By State?

What Is The Average Cost Of Life Insurance By State?

Benjamin Locke

Thumbnail for Blog Article: Million Dollar Life Insurance Policy: How Much Does It Cost?

Million Dollar Life Insurance Policy: How Much Does It Cost?

Benjamin Locke

Thumbnail for Blog Article: No Exam, No Problem: How To Get Life Insurance Without a Medical Exam

No Exam, No Problem: How To Get Life Insurance Without a Medical Exam

Heather Skyler

Thumbnail for Blog Article: Life Insurance for Seniors: 8 Reasons You Need It & How to Get the Right Policy

Life Insurance for Seniors: 8 Reasons You Need It & How to Get the Right Policy

Heather Skyler

About Term Life Insurance

Term life insurance is a type of life insurance that provides coverage for a specific period of time, or term, typically 10, 20, or 30 years. Term life insurance policies do not have a savings component, and the premiums are generally lower than those for whole life insurance.