Term life insurance

What is term life insurance?

Term life insurance gives your family some financial protection if something happens to you. It’s typically the simplest and most affordable form of life insurance. It provides coverage for a set amount of time—usually between 10 and 30 years—and the policy proceeds are generally free of federal income tax.


Key benefits

Financial protection for your beneficiaries if something happens to you.

Typically lower cost than permanent life insurance products.

The death benefit to your beneficiaries is generally free of federal income tax.

How does term life insurance work?

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You pay

You make scheduled annual premium payments.

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You're covered for a term

Your coverage lasts a specific number of years, usually between 10 and 30.

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They benefit

If you die while the policy is [in-force], your designated beneficiaries receive the death benefit.

Consider term life insurance if:

  • Your family relies on your paycheck.
  • You’re a stay-at-home parent who provides child care and other valuable family support.
  • You have any debt or outstanding financial obligations such as student loans.
  • You’re a business owner who needs coverage to retain key employees, fund a buy-sell agreement, or protect against the impact to your business from the loss of a key employee.


Get fast, affordable life insurance in as little as 18 minutes.1 Available for people 20 to 60 years old, with up to $5 million in coverage.2


Symetra Term

Help ensure the survival of your business or the financial security of your family with Symetra Term. Available for people ages 20-80 years old, with coverage from $250,000 and up.

Next steps

Ask your insurance professional if life insurance is right for you.


Life insurance is issued by Symetra Life Insurance Company, 777 108th Ave NE, Suite 1200, Bellevue, WA 98004 and is not available in all U.S. states or any U.S. territory.

Symetra SwiftTerm® is a term life insurance policy issued under policy form number ICC20_LC1 in most states. Symetra Term Life is issued under policy form number ICC18_LC1 in most states.

Life insurance policies contain exclusions, limitations, reductions of benefits and terms for keeping them in-force. Please contact your insurance professional for complete details.

Guarantees and benefits are subject to the claims-paying ability of Symetra Life Insurance Company.

Policy rider availability may vary by distribution partner.

This is not a complete description of Symetra SwiftTerm® or Symetra Term products. For a more complete description, please ask your insurance professional.

Although proceeds of life insurance are generally received federal income-tax-free by beneficiaries, estate and local taxes may apply. Consult your attorney or tax professional for more information.

1Depending upon your answers during the application process, you may travel down one of three underwriting paths―instant approval, accelerated underwriting or full underwriting. The typical coverage turnaround time is 18 minutes for instant approval, 24-72 hours for accelerated underwriting and 30 days for full underwriting.

2 For policy amounts over $3 million, the following underwriting paths are available: Instant Coverage for ages 26 to 49 (Non-Nicotine only), Accelerated Underwriting for ages 20 to 49 (Non-Nicotine only), and Full Underwriting for ages 50 to 60 and Nicotine users ages 20 to 50.

SwiftTerm® is a registered service mark of Symetra Life Insurance Company.

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