Term Life Insurance
If you want an affordable option to protect your loved ones, term life insurance may be for you. Term life provides insurance for a limited period of time, such as 10 or 20 years, typically with the option to convert to a more permanent solution. With this approach, term life allows you to meet your life insurance needs at a price that fits your budget, so you can feel confident that you’re prepared.
Term life insurance provides affordable temporary protection that can help your loved ones meet ongoing financial obligations such as debts, mortgages or costs related to raising children. The death benefit is guaranteed for the life of your policy as long as you keep up with your premiums.
If your priority is finding affordable life insurance, term can be a cost-effective solution. Most term policies have level premiums that are guaranteed for a specific period of time (usually 10 or 20 years). After this, premiums generally increase significantly.
Convert Your Policy
If you’re ready to transition to a more permanent type of life insurance in the future, we make it easy for you. By converting, you can take advantage of different types of life insurance that offer protection for life and cash value. With MassMutual, you can convert your term life insurance policy to lifetime coverage without any medical questions or exams.