Term life insurance built for you
Peace of mind for your family’s future1
What is term life insurance?
While we can’t predict the future, we can plan for it. That’s where life insurance comes in. Term life insurance is a simple way to make sure your loved ones are protected financially if something were to happen to you.
Term life insurance offers level premiums for a specific period of time, usually 10 to 30 years. If you're just starting out, growing your family or planning your future, term life insurance can be a smart and cost-effective way to ensure financial security.
Who is term life insurance best for?
Term life insurance is ideal for people looking for clear, straightforward coverage without the higher cost of whole life insurance. It’s designed to be flexible, affordable and tailored to your current stage of life.
When you have children or dependents, term life can provide the financial security your loved ones would need in your absence.
Many people choose a premium period that aligns with the length of their mortgage to ensure the home can be paid off if they’re no longer around.
Term life policies tend to have lower premiums than whole life policies, making them easier to fit into a monthly budget.
During the years when your income is at its highest, a term life insurance policy can help replace that income if something happens.
What are the features of a term life policy?
If you need protection for the next decade or beyond, Amica offers options to help you build the right plan.
Length and coverage
You decide how much coverage you want based on your needs – like replacing income, paying off debts or funding future education costs – as well as how long you want the protection to last.
10-, 15-, 20-, 25- or 30-year terms: Choose the term that makes the most sense for your life. For example, if your child is 8, a 15-year policy could provide protection until they’re independent. Or, if you’ve just taken out a 30-year mortgage, a 30-year policy could help make sure the home stays in the family if something were to happen to you.
Predictable monthly costs: Because your premium stays the same for the length of your term, your premium won’t go up with age or health changes during the term.
More affordable than whole life: Because it covers you for a set period at a fixed rate, term life is usually more affordable than whole life, which lasts your entire life and keeps the same premium throughout the premium paying period.
Key features
Amica’s term life policies feature benefits that help you get the protection you need.
Death benefit: If you pass away while the policy is in force, your beneficiaries receive the full policy amount, tax-free.
Conversion to whole life insurance: For a limited time, you may be able to convert your policy to permanent coverage without a medical exam if your needs change.2
Accelerated benefits due to terminal illness: If you're diagnosed with a terminal illness, you may be able to access a portion of your death benefit early.
Streamlined application process: Our process is designed to be simple and straightforward, so you can get coverage with less hassle and more confidence.
Term life insurance FAQs
Start by reviewing your current expenses, such as living costs and health care, and then factor in future obligations like your children’s education, retirement planning and funeral expenses. Use our life insurance calculator to get a quick estimate based on your situation.
A medical exam may be required depending on the coverage amount and your health history. Some may qualify for coverage without an exam by completing a health questionnaire or answering a few medical questions.
No. With a level term policy, your price won’t increase during the level premium period. It also won’t increase as you get older or if your health changes. Your premium may increase if you choose to continue your policy past the level premium period.
Yes, you can cancel your term life insurance policy at any time.
The policy doesn’t end when the level term period ends—though your premium may increase . As long as premiums are paid, the policy stays active up to age 100. Your right to continue coverage beyond the level term is guaranteed in the contract.
There is more to learn about life insurance
Discover the ins, outs, and everything in between.
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Life Insurance Policy issued by Amica Life Insurance Company.
Standard form numbers ICC15 FGCLT01-01 in most states. Some features may not be available in all states.
Standard form number WL2019-01 in most states.
Online application and quotes are not available in all states.
No medical exam will be required if you meet specific underwriting criteria based on your age, the amount applied for, the responses provided in the simplified application process and the results of our underwriting review. However, we reserve the right to require a medical exam, possibly with blood and/or urine testing at our expense, if we deem it necessary to have such additional information as part of our full underwriting process.
ALIC24326 expires 08/29