- A policy of up to $500k in coverage starts around $12/month
- Get a quote in seconds with no obligation. Apply in minutes (most instantly approved)
- Rated “Excellent" by customers on Trustpilot
10 Best Term Life Insurance Companies of 2025
Get the latest information on the best term life insurance providers today. We’ve researched the top providers in the country to bring you the best options. Explore trusted reviews and find the perfect policy for your needs. Protect your family's future with the best coverage today!
#1 | Best Overall
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Protect Your Family with Flexible Terms & Riders
- Term Life policy starting around $8 a month
- Term coverage options from 10, 15, 20, 25, 30, 35 and even 40 years
- Previously Legal & General America
Policy Amount$100k - $10M
Medical ExamRequired
Policy TypesTerm Life
#2
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$250k in Term Life for as low as $13 a month
- Term Life Insurance up to $10M+
- A trusted partner since 1995
- Apply 100% online
Policy Amount$100k - $10M+
Medical ExamRequired
Policy TypesTerm
#3
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Term Coverage with A++ Strength and Flexible Conversion Options
- Flexible terms & premiums: choose 10‑ or 20‑year terms; pick annual‑renewable or level premiums
- Waiver of premium rider: stop paying premiums if you become disabled while keeping your coverage
- Top‑rated strength: Northwestern holds the highest financial strength ratings
Policy AmountStarting at $50k
Medical ExamNot Required
Policy TypesTerm Life
#4
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100% online process from start to finish for coverage up to $3M.
- Expect to enter your Social Security Number for Id Verification
- Instant coverage available for ages 20 to 60 if approved
- Policies available with 10- to 30-year terms
Policy Amount$100k-$8M
Medical ExamVaries by policy
Policy TypesTerm Life
#5
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Save Time and Money by Shopping Multiple Carriers
- Licensed agents provide guidance to help you choose the right policy
- Options tailored to your budget and coverage needs
- Fast quotes available online or by phone — no pressure sales
Policy Amount$25k - $5M
Medical ExamNot Required
Policy TypesTerm, Whole, Universal Life
#6
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A trusted provider with over a century of insurance expertise
- Offers tailored life insurance, annuities, and retirement solutions through SelectQuote
- Highly rated for financial strength by independent agencies
- Committed to environmental and social responsibility initiatives
Policy Amount$50k+
Medical ExamRequired
Policy TypesTerm, Whole, Universal Life
#7
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Coverage with Flexibility to Grow Into Lifetime Protection
- Backed by long-standing financial strength for added peace of mind
- Option to convert term coverage into permanent life insurance later
- Customizable term lengths
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Policy AmountStarting at $25k
Medical ExamRequired
Policy TypesTerm, Whole, Universal Life
#8
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No Medical exams for Policies under $3 Million
Policy Amount$50k-$2M
Medical ExamVaries by policy
Policy TypesTerm Life
#1 | Best Overall
Our Partner
Protect Your Family with Flexible Terms & Riders
- Term Life policy starting around $8 a month
- Term coverage options from 10, 15, 20, 25, 30, 35 and even 40 years
- Previously Legal & General America
Policy Amount$100k - $10M
Medical ExamRequired
Policy TypesTerm Life
Banner Life Insurance
About Banner Life Term Life Insurance:
Banner Life, previously Legal & General America, is backed by 180+ years of global experience through the Legal & General Group. It offers term life insurance through Banner Life and William Penn, depending on your state. Their policies are built for real-life—simple, flexible, and affordable. Coverage starts at $100,000, with guaranteed level premiums and a tax-free death benefit. Optional riders and accelerated underwriting may also be available based on your health.
HIGHLIGHTS
- Term Lengths
- 10, 15, 20, 25, 30, 35, or 40 years
- Coverage Amounts
- $100,000 – $10,000,000+
- Premium
- Locked-in rates for the full term
- Death Benefit
- Tax-free lump sum paid to beneficiaries
Cost and Affordability:
Policies can cost as little as $8 per month, depending on your age, health, term length, and coverage amount. Banner Life is consistently rated among the most affordable term life insurers for healthy individuals.
Eligibility & How to Apply:
U.S. residents ages 20 to 75 can apply online by requesting a personalized quote. Most applicants complete a brief health review, though some may skip the medical exam through accelerated underwriting. Once approved, coverage can begin immediately with your first payment.
You could get coverage starting at $8/mo*
Get a free term life insurance quote
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