Term Life Insurance
Simple, affordable protection that gives you and your loved ones peace of mind if the unexpected happens.
Smart Protection. No Surprises. No Strings.
Term Coverage
Straightforward protection for a specific period—10, 20, or 30 years.
Income Replacement
Replaces lost income to help your family stay financially secure.
Affordable Premiums
High coverage amounts with lower monthly cost than permanent policies.
Convertible Options
Start simple and switch to permanent coverage if your needs change.
Flexible Terms
Choose a term that fits your life stage, goals, and budget.
Tax Advantages
Payouts to your beneficiaries are exempt from federal income tax.
What Is Term Life Insurance?
Term life insurance provides temporary protection for a specific period of time—typically 10, 20, or 30 years. It’s designed to offer a high death benefit at a low cost, making it an affordable way to protect your loved ones during your prime working years.
Key features of a Term Life Insurance policy:
- Guaranteed death benefit for a fixed term
- Lower premiums compared to permanent policies
- No cash value or investment component
- Option to convert to permanent coverage (with select policies)
Is a Term Life Insurance Policy Right for You?
Term Life Makes Sense If You…
- Are on a budget but need significant coverage
- Want income protection during your working years
- Prefer low-cost premiums over cash value
- Plan to upgrade to permanent coverage later
It Might Not Be Ideal If You…
- Want coverage that lasts your entire life
- Are seeking a savings or investment component
- Don’t want to worry about outliving the policy
- Want lifetime access to policy benefits like loans
Not sure which category you fall into?
That’s exactly what we’re here for!
A quick call with our team can help you figure out what type of insurance policy makes the most sense for your goals—whether it’s term, whole life, or something in between.
How it Works
You select a coverage amount and term length—such as 20 years. You pay fixed premiums, and if you pass away during the term, your beneficiaries receive a tax-free lump sum.
After the term expires, coverage ends unless renewed (at higher cost) or converted.
Benefits:
- Budget-friendly way to get high coverage
- Fixed premiums for the duration of your term
- Protection for your mortgage and major debts
- No guesswork—just simple, reliable coverage
Meet the IFW Life Insurance Team
With over 35 years of experience, our team helps you compare carriers and find the right term life coverage—without the pressure. We’re independent, so our guidance is based on your goals, not commission.
Whether you’re starting a family, buying a home, or just want peace of mind, we’ll help you lock in the right protection—at the right price.
Our Carriers
We partner with over 37 top-rated life insurance companies to give you access to the best coverage options on the market.
Because we’re not tied to one carrier, we can shop around and build the right plan for your needs, budget, and goals.
Licensed & Trusted
Licensed in all 50 states, our IFW Life Insurance specialists are ready to deliver expert guidance you can trust. Backed by compliance and expertise.
