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Term Life Insurance

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Protect what’s important 10, 20 or 30 years ahead.

At Frankenmuth Insurance, we’ll help you protect your loved ones after you’re gone… for a price that’s more affordable than you might think.

Term Life insurance offers a straightforward form of protection for a specific amount of time. A Term Life policy differs from a Whole Life policy in that it gives you coverage for a period of 10, 20 or 30 years, rather than a whole lifetime. Both Whole Life and Term Life can give your family the protection and peace of mind they deserve, but Term Life insurance will help you do it more affordably.

Term Life insurance could be the right option for you if:

  • You have a young family with large insurance needs and limited funds
  • You need protection for a period of time at an affordable rate
  • You need protection to cover your debt
  • Your loved ones would need help to pay for end-of-life expenses
  • Your family would need a way to replace your income
  • You need more insurance than your employer is able to provide (Would $50,000 or whatever the amount ensure your family’s financial stability for the years ahead?)

All Term Life policies are renewable or can be converted to a Whole Life policy at any time. After the initial term period (10, 20 or 30 years), you have the option to renew annually at a new premium each year until age 95. Additionally, our Term Life policies include a guaranteed conversion option during the term, provided the policy is converted to a Whole Life policy before age 70. A Whole Life policy provides insurance protection for the rest of your life.

Calculate your coverage needs with our life insurance calculator. Or, talk to a local, independent agent to see if Term Life insurance is right for you.

Life insurance policies are written by our subsidiary, Patriot Life Insurance Company, and available to residents of Maine, Michigan, New Hampshire, Ohio and Vermont.