Term Life Insurance
Affordable protection for the years that matter most.
Term life insurance covers you for a set period. If you pass away during that term, your beneficiaries receive the death benefit. It's the most affordable type of life insurance and the right choice for most families.
Affordable
A healthy 35-year-old can get $500,000 of coverage for $25 to $35 per month. Whole life would cost five to ten times more.
Simple
No cash value, no investment component. You pay for coverage, and if you die during the term, your family gets the money.
Flexible Terms
Choose 10, 20, or 30 years. Match your coverage to your mortgage, your kids' ages, or your retirement timeline.
Convertible
Most term policies let you convert to permanent coverage later without a new medical exam, even if your health has changed.
Who It's For
Most families. Most situations.
If you have a mortgage, kids, or anyone who depends on your income, term life is usually the right starting point. It gives you the most coverage for the least money during the years when your family needs protection the most.
Term life makes sense if you
- ✓ Have a mortgage or other debt you want covered
- ✓ Have children who depend on your income
- ✓ Want maximum coverage at the lowest cost
- ✓ Plan to be self-insured by retirement
- ✓ Need coverage for a specific period (loan, business, etc.)
Drew's Perspective
Drew Napolin, CLU started his career selling whole life for John Hancock. He went independent because he saw that most families don't need the cash value or permanent coverage that expensive products provide.
For most families, term life is the right answer. It provides the coverage you need during the years that matter most, at a fraction of the cost of permanent insurance.
Common Questions
About term life insurance.
What happens when the term ends?
The coverage ends. You can often renew at a higher rate, convert to a permanent policy, or let it expire if you no longer need coverage. Many people time their term to end when their mortgage is paid off or their kids are financially independent.
How much term life insurance do I need?
A common rule is 10 to 15 times your annual income, plus your mortgage and any other debts, minus savings and existing coverage. But the real answer depends on your specific situation. We'll figure it out together.
Can I get term life with health issues?
Yes. Drew specializes in placing clients with diabetes, high blood pressure, higher BMI, and other conditions. Different carriers have different underwriting guidelines.
Have a Health Condition?
I specialize in placing hard cases.
Guides for people with specific conditions, explaining what carriers look for and how I approach each case.
Find out what you qualify for.
A free consultation. I'll help you find the right coverage at the right price.