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Term Life Insurance

Affordable coverage catered to you

Term life insurance is often the lowest priced coverage option, but it is temporary. It designed to help replace your income if you pass away during earning years. Your family can use the death benefit to help pay for expenses like housing, childcare and groceries. With Allstate, you'll have:

  • A tax-free death benefit

    Provides your family stability at the very time they will need it most.

  • Flexible policy lengths

    Typical term insurance is only available in 5 or 10-year increments. With Allstate you can choose any term length between 10 and 30 years. Want a 17 or 26-year policy? The choice is yours.

  • Affordable rates & payments

    Plans start as little as $24.64 per month for 20 years at $250,000.1
    Rate shown is not available in New York

  • Flexibility to convert to permanent insurance

    Switch to longer term protection in the future as provided by policy provisions.

  • Easy to understand options

    We offer several coverage options to help make life insurance easy, including life insurance that pays the death benefit like a monthly paycheck.

Life Made Simple Video: Term Life Insurance

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Related resources

1The monthly rate shown is for Preferred Elite based on a Male, age 37, and a 20-year level term period for a policy not issued in NY. Terms and limitations will apply. Rates shown are monthly as of May 13, 2019. Allstate TrueFit® is a term life insurance to age 95 policy issued by Allstate Assurance Company, 3075 Sanders Rd., Northbrook IL 60062 and is available in most states with contract/series ICC14AC1/ AC14-1. In New York, issued by Allstate Life Insurance Company of New York, Hauppauge, NY with contract/series NYLU818. The premiums will be the same for the level term period selected. Beginning with the anniversary following the level term period, the company reserves the right to change premium rates each policy year, but rates cannot be more than the maximum guaranteed amounts stated in the policy. Rates quoted are subject to change and are set at the company's sole discretion. Rates for other underwriting classifications would be higher. Further underwriting restrictions may apply. Other death benefit amounts and guaranteed premium terms are available but will have different rates than those shown here. Premium may be paid annually, semi-annually, quarterly or monthly; premium paid may differ based on payment mode selected. A medical exam may be required depending on age, health or amount of coverage requested.

Guarantees offered are subject to the claims-paying ability of the issuing company.

This life insurance information is provided for general consumer educational purposes and is not intended to provide legal, tax or investment advice. Life Insurance offered through Allstate Life Ins. Co. & Allstate Assurance Co., 3075 Sanders Rd, Northbrook IL 60062; American Heritage Life Ins. Co., 1776 American Heritage Life Dr., Jacksonville FL 32224. In New York, life insurance offered through Allstate Life Insurance Company of New York, 878 Veterans Memorial Highway, Suite 400, Hauppauge, New York 11788-3089.

Securities offered by Personal Financial Representatives through Allstate Financial Services, LLC (LSA Securities in LA and PA). Registered Broker-Dealer. Member FINRA and SIPC, Main Office: 2920 South 84th Street, Lincoln, NE 68506, 877-525-5727.Check the background of this firm on FINRA's BrokerCheck website.

ECC Monitor: OK