Short-Term Life Insurance

Get 1 year of coverage quickly for as low as $7 per month.^*
No medical exam required.

1-year, low-cost life insurance

Short-term life insurance is designed to provide your loved ones with financial support in case you pass away within one year of purchasing the policy. One-year life policies start at just $7 per month^* with coverage levels going up to $200,000. At the end of your term, you can decide to purchase another year of short-term coverage, a longer term life insurance policy (starting at 10 years), or a permanent policy like whole life.

Why buy short-term life insurance?

CONVENIENCE

No exam

No medical exam means you can get your policy in just minutes. Simply answer a few basic health questions.
AFFORDABILITY

Low cost

You can get a short-term life insurance policy with $50,000 of coverage starting at just $7 per month.^*
PROTECTION

Great coverage

Coverage for your loved ones in case you pass away starts at $50,000 and can go up to $200,000.

How does short-term life insurance work?

Short-term life insurance coverage works just like a standard term policy, except that it's only in effect for one year rather than 10 or more years. If you pass away during the year of coverage, your beneficiaries can file a claim for your policy's death benefit, and they may use the payout dollars however they wish — to help pay off debt, cover end-of-life expenses, or pay for everyday costs. You can even name a charity as one of your beneficiaries.

LOOKING FOR LONGER TERM COVERAGE?

Compare rates of term life insurance policies with 10-, 15-, 20-, and 30-year terms. There are comparable rates available and coverage levels that go up to $2 million or more. Plus, generally, the younger you are when you purchase a policy, the cheaper your premium will be.

When to buy short-term life insurance

One-year, short-term life insurance is designed for individuals just starting out with life insurance and those looking to fill a temporary gap in coverage (for example, if you're between jobs). A one-year term allows you to quickly access ample coverage with a flexible commitment. At the end of the year, you can purchase another year of coverage or get a different life insurance policy.