Father measuring son's height on growth chart

Protection
at a price you can afford.

What is term life insurance?

Term life insurance offers the greatest coverage for the lowest initial price and is a great solution for people with temporary needs or a limited budget. As the name implies, term life insurance provides protection for a specific period of time and generally pays a benefit only if you die during the "term." Term periods typically range from one year to 30 years, with 20 years being the most common term.

Term life insurance coverage is best for…

Young adults with kids to send to college
Folks with mortgage or other debt
Income replacement for surviving spouse
Buying more coverage on a budget

Our term portfolio is designed to meet your coverage needs.

OPTerm policies are renewable and convertible term life insurance which provide a level death benefit.

Wondering how many years you need?

Think about your longest financial obligation. If you have a 30-year mortgage, you may want to cover that with 30 years of term life insurance. Or, if you don't have a mortgage, think about how many years of income you would need to replace to provide for your family if something were to happen to you.

Legal & General America life insurance products are underwritten and issued by Banner Life Insurance Company, Urbana, MD and William Penn Life Insurance Company of New York (Valley Stream, New York). Banner products are distributed in 49 states and in DC. William Penn products are available exclusively in New York; Banner does not solicit business there. Please refer to the policy forms for full disclosure of all benefits and limitations. Insurance policies contain exclusions, limitations, reductions of benefits and terms for keeping them in force. A licensed financial professional can provide costs and complete details. Banner Life OPTerm policy form # ICC12OPTN and state variations. In New York, William Penn OPTerm policy form # OPTN-NY. Two-year contestability and suicide provisions apply. Policy descriptions provided here are not a statement of contract. Premiums are guaranteed to stay level for the initial term period and increase annually thereafter. $60 annual policy fee. All financial strength ratings are current as of August 2017.