Affordable Protection When Your Family Needs It Most
Lock in 10–30 years of coverage at a fixed monthly rate. Compare instant quotes from 30+ top-rated carriers in under 60 seconds — no medical exam required for many policies.
What a Term Life Policy Can Offer You
Pure protection at the lowest possible price. Term life is the most popular type of life insurance — for good reason.
Immediate Death Benefit
Coverage starts the moment your policy is issued — your family is protected from day one.
Guaranteed Premiums
Your monthly rate is locked in for the entire term. No surprises, no rate hikes.
Convertible
Convert to permanent life insurance later — without a new medical exam — as your needs change.
5–40 Year Terms
Choose the term length that matches your mortgage, your kids' college years, or your working life.
Five Types of Term Life Insurance
Not every policy fits every situation. Here’s how each type works — so you can pick the one that matches your goals.
Level Term
Consistent coverage and premiums for the entire term. The simplest, most predictable option.
- Fixed death benefit
- Fixed monthly premium
- Common 10/15/20/30 year terms
- Best for mortgage protection
Decreasing Term
Premiums stay flat while the death benefit shrinks over time — designed to track a paying-down loan.
- Lower premiums than level term
- Death benefit decreases yearly
- Pairs with amortizing debts
- Less common today
Renewable Term
Renew your coverage without re-applying or taking a new medical exam.
- No new application required
- No new medical exam
- Premium increases at renewal
- Great as a stop-gap
No Medical Exam Term
Skip the lab work and get approved in days instead of weeks. Ideal if you have health concerns or need coverage now.
- No blood work or physical
- Approval in 24–72 hours
- Slightly higher premiums
- Best for busy or health-aware buyers
Convertible Term
Switch to permanent life insurance later without proving insurability — even if your health declines.
- Lock in lifetime coverage option
- No new medical exam
- Conversion windows vary
- Smart hedge against the unknown
Not sure which is right?
We’ll match you to the policy type that fits your budget, family, and timeline — in one quick call.
Five Things That Affect Your Term Life Premium
A healthy 30-year-old can pay as little as $20–$30/month for $500,000. Here’s what determines your rate.
Age
The single biggest factor. Lock in a low rate while you're young.
Health
Medical history and current conditions shape your final rate class.
Gender
Statistically longer life expectancy means women pay slightly less.
Lifestyle
Smokers pay roughly 2x. High-risk hobbies and jobs nudge rates up.
Coverage & Term
More coverage and longer terms cost more — but not proportionally.
Term Life vs. Other Types of Coverage
Where term life fits in the bigger picture — and when something else might be a better match.
| Feature | Term Life | Whole Life | Universal Life | Indexed UL |
|---|---|---|---|---|
| Coverage Length | 10–40 years | Lifetime | Lifetime | Lifetime |
| Premium Stability | Fixed for term | Fixed for life | Flexible | Flexible |
| Cash Value Buildup | ✕ None | ✓ Guaranteed | ✓ Interest-based | ✓ Index-linked |
| Market Growth Potential | ✕ None | ✕ Minimal | Modest | ✓ High |
| Conversion Available | ✓ Often | — | — | — |
| Relative Cost | Lowest | Highest | Moderate | High |
We're Doug and Holly Mitchell — and We Actually Answer the Phone
For over 30 years, we’ve helped families across America protect what matters most. We’re not a call center. We’re not bots. When you call us about your term life policy, you’ll talk to one of us — or a real licensed agent who knows your name.
We’re independent brokers, which means we work for you — not any single insurance company. We shop 30+ top-rated carriers to find the right coverage at the lowest rate for your specific health, age, and budget.
See What Others Say About Us!
Term Life Insurance FAQs
What's the difference between term life insurance and whole life insurance?
Term life insurance covers a specific period at a much lower cost. Whole life provides lifelong coverage and builds cash value over time. Term is more affordable because it’s pure protection — there’s no savings or investment component built in.
How long should my term life insurance policy be?
Match the term length to your financial obligations. If you need to cover your mortgage or support kids until they’re financially independent, choose a term that extends through those responsibilities. Most people pick 20- or 30-year terms.
Can I renew my term life insurance policy?
Many policies offer renewable options that let you extend coverage without a new medical exam. Premiums will increase at renewal because you’re older — but you won’t have to requalify based on your current health.
Do I need a medical exam for term life insurance?
Most term policies require a medical exam, but no-exam options exist. No-exam policies cost a bit more because the insurer takes on additional risk. If you’re healthy, taking the exam usually saves you money.
Can I convert my term life insurance to permanent coverage?
Yes — if you have a convertible term policy. You can switch to permanent life insurance without going through medical underwriting again. This is especially valuable if your health changes or your insurance needs evolve.
How much does term life insurance cost?
A healthy 30-year-old might pay just $20–$30/month for a $500,000 policy. A 50-year-old with the same coverage typically pays $100–$150/month. Your exact rate depends on age, health, gender, lifestyle, term length, and coverage amount.
Get Covered in Three Easy Steps
No complicated paperwork. No endless phone calls. Just straightforward coverage.
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Talk to an Expert
When you’re ready, connect with Doug, Holly, or one of our experienced agents. No pressure, just guidance.
Get Protected
We handle the application, underwriting, and delivery. You just sign and enjoy peace of mind.
Wondering What a Term Life Policy Might Look Like For You?
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