Term life insurance offers affordable financial protection for a defined period—typically 10, 20, or 30 years. It’s designed to meet temporary needs and can be tailored to align with your age, health, lifestyle, and budget. If the insured passes away within the selected term, the policy pays a tax-free death benefit to their beneficiaries. For those seeking longer-term coverage without the higher premiums of permanent insurance, Term 100 is an option that provides lifetime protection with fixed premiums, though it does not accumulate cash value.