- A policy of up to $500k in coverage starts around $12/month
- Rated “Excellent" by customers on Trustpilot
10 Best Term Life Insurance Companies of 2026
Get the latest information on the best term life insurance providers. We review and compare the top term life insurance companies in the country. Protect your family's future with the best coverage.
#1 | Best Overall
Our Partner
No Medical exams for Policies under $3 Million
Policy Amount$50k-$3M
Medical ExamVaries by policy
Policy TypesTerm Life
#2
Our Partner
Protect Your Family with Flexible Terms & Riders
- Term Life policy starting around $8 a month
- Term coverage options range from 10 to 40 years
- More than 1 in 3 people get an instant decision
Policy Amount$100k - $10M
Medical ExamVaries by policy
Policy TypesTerm Life
#3
Our Partner
Flexible Term Options from a Long-Standing Industry Leader
- Simplified term life from Pruco Life; no exams or labs required
- Coverage up to $1 million available, with competitive pricing for a wide range of applicants.
Issued by Pruco Life Insurance Company, a Prudential Financial company located in Newark, NJ.
1Issuance of the policy will depend upon answers to health questions set forth in the application and third-party data. [1087959-00001-00]
Policy Amount$25k-$1M
Medical ExamNot Required¹
Policy TypesTerm
#4
Our Partner
Save Time and Money by Shopping Multiple Carriers at Once
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Licensed agents provide guidance to help you choose the right policy
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Fast quotes available online or by phone — no pressure sales
Policy Amount$25k - $5M
Medical ExamNot Required
Policy TypesTerm, Whole, Universal Life
#5
Our Partner
Get $250k in Term Life Insurance for as Low as $13/month
- A Trusted Partner since 1995
- Customizable policies that fit your needs and budget
Policy Amount$100k - $10M+
Medical ExamRequired
Policy TypesTerm
#6
Our Partner
100% Online Process From Start to Finish For Coverage Up to $3M.
- Secure identity check for instant decisions; have your SSN at hand
- Flexible 10 to 30‑year terms, adjustable coverage, and no cancellation fee
Policy Amount$100k-$3M
Medical ExamVaries by policy
Policy TypesTerm Life
#7
Our Partner
Affordable term coverage with A++ strength and flexible conversion options
- Flexible terms & premiums: choose 10‑ or 20‑year terms or coverage until age 80; pick annual‑renewable or level premiums
- Waiver of premium rider: stop paying premiums if you become disabled while keeping your coverage
Policy AmountStarting at $50k
Medical ExamNot Required
Policy TypesTerm Life
#8
Our Partner
A trusted provider with over a century of insurance expertise
- Connect with a SelectQuote Agent for life insurance, annuities, and retirement solutions
- Highly rated for financial strength by independent agencies
Policy Amount$50k+
Medical ExamRequired
Policy TypesTerm, Whole, Universal Life
#9
Our Partner
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
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Policy AmountStarting at $25k
Medical ExamRequired
Policy TypesTerm, Whole, Universal Life
#1 | Best Overall
Our Partner
No Medical exams for Policies under $3 Million
- A policy of up to $500k in coverage starts around $12/month
- Rated “Excellent" by customers on Trustpilot
Policy Amount$50k-$3M
Medical ExamVaries by policy
Policy TypesTerm Life
Ethos Life Insurance
About Ethos Term Life Insurance:
Ethos is a digital‑first life insurance broker that works with leading insurers rather than issuing policies itself. According to Ethos’ carrier page, it acts as a licensed producer and third‑party administrator and sells policies from well‑established carriers such as TruStage Financial Group, Banner Life, and Ameritas Life Insurance Corp. These partnerships allow Ethos to provide simplified term life insurance while leaving the actual underwriting to carriers with strong financial‑strength ratings. The company streamlines the application process using proprietary digital underwriting technology, so most people can apply online, answer a brief health questionnaire, and receive a decision quickly without a medical exam.
HIGHLIGHTS
- Term Lengths
- 10, 15, 20 or 30 years
- Coverage Amounts
- $20,000 – $3 million
- Premium
- Locked-in rates for the full term
- Death Benefit
- Tax‑free lump‑sum payment to your beneficiaries
Cost and Affordability:
Premiums ultimately depend on several factors. Ethos explains that age, health, coverage amount, term length, tobacco use, lifestyle, and gender all influence life‑insurance pricing. Because Ethos uses level premiums, your rate stays locked for the duration of the term. For very young, healthy applicants, Ethos says it can offer coverage for as little as $1 per day1. Keep in mind that costs increase as you age or choose longer terms and higher coverage amounts.
Eligibility & How to Apply:
Ethos’ term life policies are available to U.S. citizens ages 20–65. Applicants answer a short online questionnaire covering health, lifestyle, and basic identification information; Ethos’ digital underwriting uses this data to determine eligibility. Because Ethos partners with top carriers, no medical exam is required for most applicants, and many people receive a decision in minutes. You can start by getting a quote, adjusting coverage and term length to see how pricing changes, and then submitting your application electronically.
1.https://www.ethos.com/life-insurance/life-insurance-student-loan-cosigners/
2. https://www.ethos.com/how-it-works/
Banner Life Insurance
About Banner Life Term Life Insurance:
Banner Life family of companies is one of the nation’s strongest life insurers, with more than 75 years of experience. They offer term life insurance through Banner Life Insurance Company and William Penn Life Insurance Company of New York, 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*
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Our Partner
SelectQuote Life Insurance
About Selectquote Life Insurance:
SelectQuote operates as a marketplace rather than an insurance company. Founded in 1985, it has nearly 40 years of experience helping consumers compare quotes from multiple carriers Its licensed agents work with a network of reputable insurers and can match your health and budget to the best‑suited term life policy. SelectQuote’s platform offers traditional term life coverage with guaranteed‑level premiums—your monthly cost stays the same throughout the term. Instant‑issue options are available for healthy applicants aged 20‑60, with coverage up to $5 million and no medical exam, approval can be as quick as less than an hour.
HIGHLIGHTS
- Term Lengths
- 10, 15, 20, 25 or 30 years
- Coverage Amounts
- $250,000 to $5,000,000
- Premium
- Guaranteed‑level; premiums remain fixed for the full term. Monthly, quarterly, semi‑annual and annual payment options available.
- Death Benefit
- Lump‑sum benefit usually paid tax‑free to beneficiaries.
Cost and Affordability:
Term life policies through SelectQuote are competitively priced because the company compares quotes from multiple carriers. Average rates vary by age, health, term length and coverage amount. SelectQuote also offers same‑day coverage through its SwiftTerm Select program; healthy applicants aged 20‑60 can secure up to $5 million in coverage without a medical exam, with some policies costing less than $1/day.
Eligibility & How to Apply:
U.S. residents generally between 20 and 75 years old can request quotes; instant‑issue coverage is available for healthy applicants aged 20‑60selectquote.com. SelectQuote’s broad network of insurers includes options for individuals with pre‑existing conditionsselectquote.com, making it a good fit if you’ve been declined elsewhere.
America’s Top Term Life Sales Agency
Corebridge Direct Life Insurance
About Corebridge Term Life Insurance:
Corebridge Financial offers term life insurance through its Select-a-Term® product, providing customizable coverage with flexible term lengths ranging from 10 to 30 years. Policies are issued by American General Life Insurance Company (AGL) and The United States Life Insurance Company in the City of New York (US Life), depending on your state. Corebridge has over 160 years of experience in the insurance industry and manages more than $360 billion in assets, reinforcing its stability and financial strength. With an “A” rating from A.M. Best, the company is trusted by millions to help protect their families’ futures.
HIGHLIGHTS
- Term Lengths
- 10, 15, 20, 25, 30, or 35 years
- Coverage Amounts
- $100,000 – $10,000,000+
- Premium
- Level premiums for the term; renewable annually up to age 95, though rates may rise after the initial term
- Convertibility
- Convert to permanent coverage anytime during your policy’s conversion window
- Death Benefit
- Tax-free lump sum paid to beneficiaries upon the insured's passing
Cost & Affordability:
Corebridge's term life insurance is competitively priced, with premiums that remain level for the initial term period. The cost varies based on factors such as age, health, term length, and coverage amount. After the initial term, policies can be renewed annually up to age 95, though premiums may increase.
Eligibility & How to Apply:
U.S. residents can apply for Corebridge term life insurance through Corebridge Direct, either online or by speaking with a licensed agent. The application process is streamlined, with underwriting decisions and policy delivery potentially occurring within 24-48 hours. Some applicants may qualify for coverage without a medical exam, depending on individual circumstances.
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