How do I decide the number of years (term) to choose for my life insurance policy?

Choosing the duration of your term life policy with an initial rate guarantee is easy.

You just match the period of time you'll need life insurance protection to the duration of the initial rate guarantee period.

For example, if you're youngest child is 5 and you need life insurance until your kids are grown and on their own, you'll want to choose a term life policy with coverage for a term of at least 20 years.

Or, if you have a 30 year mortgage and want protection until the mortgage loan is fully paid off, you'll want a term of 30 years.

Learn more about how term life policies work