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Term Life Insurance

What Is Term Life Insurance?

Term life insurance is often the most affordable coverage because it offers protection for a specific number of years. You may want to purchase a term life insurance policy to:

  • Get valuable coverage at an affordable price 
  • Help cover specific financial responsibilities like a mortgage or college expenses
  • Supplement a permanent policy or work policy

Level Term Life Insurance
For coverage amounts $100,000+, we offer term life insurance policies with premiums guaranteed not to increase for the length of the level premium period you choose.* Your financial professional can provide more information about how this coverage can be a part of your financial plan.

One Year Term Life Insurance
We also offer one year non-renewable term life insurance for a short-term solution. Clients looking for coverage beyond a year may be able to add the Convertible and Renewable Options Rider which extends coverage to five years with increasing premiums and allows conversion to a permanent policy after the first year. Speak with your financial professional to learn more. For information regarding premium rates, click here

* Significantly increased premiums are necessary to renew the policy after the level premium period. Premiums will increase on an annual basis after the level period, and the policy is renewable up to age 95.

Like most insurance policies, MetLife's policies contain exclusions, limitations, reductions of benefits and terms for keeping them in force. For complete costs and details, see a representative. All product guarantees are subject to the financial strength and claims-paying ability of the issuing insurance company.

Guaranteed Level Term is issued by MetLife Insurance Company USA on policy form #5E-23-12(except in NY) and by Metropolitan Life Insurance Company on policy form #1E-23-12-NY(NY only).

Met of CT YRT3 is issued by MetLife Insurance Company USA, Charlotte, NC 28277 on policy form #L-15759.

GenAm One-Year Term is issued by General American Life Insurance Company, St. Louis, MO 63128 on policy form #1NOYT.

NEF YRT4 is issued by New England Life Insurance Company, Boston, MA 02111 on policy form #NEL-1637.

MLIC One-Year Level Term Life is issued by Metropolitan Life Insurance Company, New York, NY 10166 on policy form #53R-87.

MetLife One Year Term is issued by MetLife Insurance Company USA , Charlotte NC 28277 (except in NY) on policy form #5E-24-12 and by Metropolitan Life Insurance Company, New York, NY 10166 (NY only) on policy form #1E-24-12-NY.

Have Life Insurance Questions?

Read our answers to commonly asked life insurance questions.