Second Term

20 Year

This is a very common choice among people seeking longer-term coverage because of the cost-effective nature of the premiums. For example, over 20-years the total premium on a 20-year policy generally costs much less than purchasing a 10-year policy and then keeping the same 10-year policy for an additional 10 years. If you have young children at home, a 20-year term policy could be the perfect choice for seeing them through their college years.