Simple. Affordable. Reliable protection for the people you love most

At Legacy Financial Life, we believe that every family deserves security — no matter their stage of life or income level. Term Life Insurance is one of the most effective and affordable ways to protect your loved ones’ future.

Term life coverage provides pure protection for a specific period — usually 10, 20, or 30 years — with guaranteed fixed premiums and a tax-free death benefit if you pass away during the term. It’s straightforward, flexible, and ideal for families seeking peace of mind without long-term complexity or high costs.

Whether you’re buying your first home, raising children, or launching a business, Term Life Insurance ensures that if the unexpected happens, your family can continue the life you’ve built together.

What Is Term Life Insurance?

Term Life Insurance is the simplest and most affordable form of life insurance. You choose the coverage amount (for example, $250,000 or $1 million) and the term length (10, 20, or 30 years). During that time, your premiums remain fixed.

If you pass away within the term, your beneficiaries receive the full death benefit, tax-free. Once the term expires, you can typically renew, convert to permanent coverage, or let it lapse — depending on your needs.

It’s designed to cover your most important responsibilities — mortgage payments, income replacement, college tuition, or debts — during the years your family relies on you most.

How Whole Life Insurance Works

  • Choose Your Term

    1. Select a coverage period — 10, 15, 20, or 30 years — based on your goals and obligations.
      • 10–15 years → Short-term debt coverage or business protection.
      • 20–30 years → Family protection through mortgage and child-raising years.

  • Select Your Coverage Amount

    Determine how much protection your family needs to replace income, pay debts, or cover future expenses.

  • Lock in a Fixed Premium

    Your premium stays the same for the entire term. No hidden rate increases.

  • Guaranteed Payout Protection

    If you pass away within the term, your loved ones receive a lump-sum, tax-free benefit — immediately usable for any financial needs.

  • End-of-Term Options

    • Renew: Extend your policy for another term (usually at a new rate).
    • Convert: Transition to a Whole Life or Indexed Universal Life (IUL) policy for permanent protection.
    • End Coverage: If your financial goals are met, you can simply let the policy expire.

Why Term Life Insurance Matters

Life is full of unknowns, but protecting your family shouldn’t be one of them. Term Life Insurance ensures that, even in the event of the unexpected, your family has the financial support they need to continue living, growing, and thriving.

Key Benefits:

  • Affordable Coverage – Get high protection amounts for low monthly costs.

  • Guaranteed Premiums – Lock in fixed payments for 10–30 years.

  • Flexible Terms – Choose coverage duration that fits your goals.

  • Tax-Free Payouts – Provide your family immediate, untaxed income.

  • Convertible Options – Transition to permanent insurance later without new medical exams.

  • Financial Freedom – Replace lost income, pay off a mortgage, or fund education

With Term Life, you get the most protection per dollar, allowing you to secure your family’s future without straining your present.

At Legacy Financial Life, we make Term Life Insurance simple and transparent.

  1. Consultation – Understand your goals, income, and family’s needs.

  2. Quote Comparison – We find the most competitive rates across top carriers.

  3. Application – Fast, digital, and easy to complete.

  4. Approval & Coverage – Once approved, your policy is active and your family is protected.

  5. Annual Review – We’ll check in each year to adjust or upgrade coverage as life evolves.

Our advisors take the confusion out of life insurance — giving you clear answers, honest numbers, and ongoing support.

Legacy Financial Process