Term Life Insurance
Term Life — Income Protection
Term life insurance delivers affordable coverage for a set period — replacing your income and protecting your family during the years they depend on you most. It is the most cost-effective way to put a meaningful safety net in place.
Who It's For
Primary earners with young children or dependents
Homeowners who want a mortgage protected for a defined period
Anyone who needs maximum coverage at the lowest initial cost
Families covering specific obligations — tuition, debts, or a business loan
How It Works
Free consultation
We review your income, debts, and dependents to define exactly what a term should cover.
Right term & amount
I compare options from multiple carriers and recommend a term length and benefit that fit your budget.
Simplified application
We complete the application and underwriting steps together — no jargon, no pressure.
Coverage in force
Once approved, your policy goes in force and your family is protected. I stay available for ongoing reviews.
Frequently Asked Questions
What does term life insurance actually cover?+
Term life pays a tax-free death benefit to your beneficiaries if you pass away during the term. It is designed to replace your income and cover obligations like a mortgage, tuition, or everyday living expenses while your family still depends on your income.
How long should my term be?+
We match the term to your need — commonly 10, 15, 20, or 30 years — based on how long your family will rely on your income and how long key obligations remain. The right length is the one that ends when the need does.
Is term life the cheapest option?+
Term generally offers the highest coverage per premium dollar of any life product, making it an efficient way to protect your family during high-need years. I compare rates across multiple carriers so you see real options side by side.
What happens when the term ends?+
Many term policies can be converted to permanent coverage without re-underwriting, or renewed (often at a higher rate). I will walk you through your conversion options well before the term expires so you can plan ahead.
Do I need a medical exam?+
Some carriers offer simplified or no-exam underwriting depending on coverage amount and your health profile; others require an exam. We will choose the path that fits your situation and timeline.
How much term life coverage do I need?+
A common starting point is a multiple of your annual income, but the right amount depends on your debts, dependents, and future obligations like tuition or a mortgage. In our consultation we model your family's real needs and match the benefit to them — not a rule of thumb.
Can I add coverage for my spouse or children?+
Many carriers offer spouse and child riders, or separate policies, so your family is protected together. We can compare bundled riders against standalone policies to see which fits your budget and goals.
Will my premium stay the same for the whole term?+
Level-term policies keep the same premium for the full term you select — 10, 15, 20, or 30 years. After the level period, premiums typically increase on a set schedule. I make sure the term you choose matches the years you need coverage.
Can I convert term life to permanent coverage later?+
Many term policies include a conversion option that lets you move to whole life or universal life without re-underwriting, even if your health has changed. I walk you through your policy's conversion window and options well before the term ends.
Ric Henley is a licensed independent insurance agent (License No. 3003373954). Insurance products are offered through licensed insurance carriers; product availability, features and costs vary by state and carrier and are subject to underwriting. Annuity and IUL guarantees are backed by the claims-paying ability of the issuing insurance company. Indexed products are not securities and do not directly participate in any stock or equity investment. Information on this site is educational and is not legal, tax or investment advice. Trust and estate documents are prepared by or with a licensed attorney.
Ready to Secure Your Future?
Schedule a no-cost consultation today