- 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
Finding the right protection starts with understanding your options. We make it easy to compare life insurance companies, review a wide range of life insurance policies, and select the life insurance policy that fits your goals, budget, and family’s future needs.
#1 | Best Overall
Our Partner
Protect Your Family with Flexible Terms & Riders
- Best for adults 20 to 60
- Term Life policy starting around $8 a month
- Term coverage options from 10, 15, 20, 25, 30, 35 and even 40 years
Policy Amount$100k - $10M
Medical ExamRequired
Policy TypesTerm Life
#2
Our Partner
Offering term life policies from $100,000 to $5 million.
- Get discounts on auto insurance when you secure life insurance
- Online quotes available today
- Best for those ages 25-54.
Policy Amount$100k - $5M
Medical ExamRequired
Policy TypesTerm Life, Whole Life
#3
Our Partner
$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
#4
Our Partner
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
#5
Our Partner
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
Our Partner
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
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
- Customizable term lengths
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Policy AmountStarting at $25k
Medical ExamRequired
Policy TypesTerm, Whole, Universal Life
#8
Our Partner
No Medical exams for Policies under $2 Million
Policy Amount$50k-$2M
Medical ExamVaries by policy
Policy TypesTerm Life
#9
Our Partner
Affordable term life from a trusted brand
- Apply online. If eligible, no medical exam is required, and you may receive a decision in minutes.
- Flexible term lengths:10 to 30 years available in most states.
- Protect your loved ones with high-limit policies and affordable monthly premiums.
* Fidelity insurance products issued by Fidelity Investments Life Insurance Company. Not available in NY.
Policy Amount$250k to $10M
Medical ExamVaries by policy
Policy TypesTerm Life
#1 | Best Overall
Our Partner
Protect Your Family with Flexible Terms & Riders
- Best for adults 20 to 60
- Term Life policy starting around $8 a month
- Term coverage options from 10, 15, 20, 25, 30, 35 and even 40 years
Policy Amount$100k - $10M
Medical ExamRequired
Policy TypesTerm Life
Understanding life insurance companies
When evaluating life insurance companies, look for long-term financial strength, clear claims support, and transparent pricing. A stable life insurance company helps ensure your coverage is there when your family needs it, without surprises.
Comparing life insurance policies
Life insurance policies range from simple term coverage to permanent plans with added features. Compare term length, premium flexibility, riders, and renewal options so you can match life insurance policies to your goals, budget, and timeline.
Choosing the right life insurance policy
The right life insurance policy balances cost with the coverage amount your household depends on. Use our side-by-side comparisons to estimate needs, see trade-offs, and select a policy that fits today while adapting as life changes.
- What to compare: financial ratings, claims history, premiums, riders, renewal terms
- Budget check: pick a sustainable premium, not just the lowest quote
- Coverage fit: align benefit amount to income, debts, and future plans
- Flexibility: look for convertibility, living benefits, or customizable riders
- Next step: compare life insurance companies, review life insurance policies, and choose a life insurance policy with confidence
Legal & General Life Insurance
About Legal & General America Term Life Insurance:
Legal & General America, backed by 180+ years of global experience through the Legal & General Group, 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, conversion to permanent coverage, 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
- Convertibility
- Option to convert to permanent coverage with no new medical exam
- 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. Legal & General America 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
Our Partner
Amica Life Insurance
About Amica Term Life Insurance:
Amica has been serving policyholders for over a century and is recognized for outstanding customer service. With strong financial ratings and a trusted reputation, Amica’s level term life insurance provides affordable, predictable premiums for 10 to 30 years, helping families protect income, pay off mortgages, and cover future expenses with confidence.
Amica Term Life Insurance Features
- Term Lengths
- 10, 15, 20, 25, or 30 years
- Coverage Amounts
- Flexible policy sizes, typically starting around $100,000 and going up to $1,000,000+ depending on eligibility and need.
- Premiums
- Level premiums that remain fixed for the entire selected term.
- Death Benefit
- Tax-free death benefit paid to your beneficiaries if you pass away during the term.
- Convertibility
- Option to convert to whole life without a new medical exam; renewable coverage available up to age 100.
- Extra Features
- Accelerated death benefit available if diagnosed with a terminal illness.
Eligibility & How to Apply:
Applicants can begin online or by phone, with a short health questionnaire and possible medical exam. Some may qualify without an exam. Coverage typically starts once underwriting is complete and the first premium is paid.