Term Life Insurance
Maximum coverage, minimum cost
Term life insurance is the simplest and most affordable way to get serious coverage. You choose a term — typically 10, 20, or 30 years — and if you pass away during that period, your beneficiaries receive the full death benefit, income-tax-free. It's ideal for covering the years your family depends on your income most: the mortgage, the kids, the career-building years.
- Most affordable way to get high coverage
- Tax-free death benefit for your beneficiaries
- Covers your peak earning & family years
- Many policies convert to permanent coverage later
How term life insurance works
You pick a coverage amount (for example $250,000, $500,000, or $1 million) and a term length — usually 10, 15, 20, or 30 years. Your premium stays level for the entire term. If you pass away during the term, your beneficiaries receive the full death benefit, free of income tax. If you outlive the term, coverage simply ends — or you can renew, or convert to a permanent policy with many carriers.
Why families choose term coverage
Term life delivers the largest death benefit per premium dollar of any life insurance type. That makes it the go-to choice for young families protecting a mortgage, parents planning for college costs, and anyone who wants meaningful protection without straining the monthly budget. A healthy 30-something can often secure hundreds of thousands of dollars in coverage for roughly the cost of a streaming subscription.
How much coverage do you need?
A common starting point is 10–12 times your annual income, adjusted for your mortgage balance, debts, future education costs, and what you already have saved. During your free consultation, May walks through your actual numbers and compares quotes from multiple A-rated carriers, so you get the right amount of coverage at the best available rate — not a one-size-fits-all guess.
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