Term Life Insurance

If you need life insurance, but aren’t sure you can afford it, a term life insurance policy may be a great option. With a term life insurance policy, you choose how long you would like the policy to cover you. You’re able to select a term policy for a period of time that works best for your needs, such as 10, 20, or 30 years. Term life is affordable and your premium payments are generally guaranteed to remain the same for the term period you select.

Who should consider term life insurance?

Term life insurance can provide the coverage you need for a specific period of time. If you have anyone that depends on you financially, you should consider term life insurance as you may be able to get the coverage you need at an affordable price.

Term features and benefits

Death benefit

In the event of your passing, your beneficiaries will receive a lump-sum payment to help cover things like college tuition, income gaps, or paying off the mortgage.


You can get the coverage you want at the price you can afford. Most term policies have level premiums that are guaranteed for a specific period of time (usually 10 or 20 years).


You can convert many term life insurance policies to permanent life insurance without any medical questions or exams.1 Converting also allows you access to different types of life insurance that offer financial benefits such as protection for life and cash value.

Average monthly term life insurance rates

Vantage Term 20, 20-year term insurance $100,000 coverage, best class of health

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What is the process for getting a term life insurance policy?

Illustration - video conference call

There are two ways to purchase a term life insurance policy: online and through a financial professional.

When you work with a financial professional, you can expect:

    • Analyze
    • During your initial phone call, your financial professional will ask you questions to understand your financial goals and objectives.

    • Recommend
    • After looking at your entire financial picture, your financial professional will provide you with suggestions to fill in the gaps so you can choose the products best suited for your situation.

    • Purchase
    • If you're satisfied with their recommendations, they work with you to secure the products and services to help ensure your financial future. This may require a medical exam.

    • Review
    • Your financial professional will work with you over time through periodic reviews to help you monitor the strategies in place, and their capacity to continuously meet your goals.

Contact a Financial Professional

Online term

MassMutual® Direct Term is designed to help you fulfill the immediate life insurance coverage needs of you and your family for a set period of time. You can find how much your term life policy may cost instantly.

Why MassMutual

  • Since


    we've been helping people secure their financial future and protect the ones they love

  • More than


    of life insurance protection in force as of 12/31/20

  • Named for the


    year in a row to World's Most Ethical Companies list by Ethisphere® Institute

  • Delivered


    in life insurance and annuity benefits paid in 2020

Conversion periods and conditions may vary by product.

Insurance products issued by Massachusetts Mutual Life Insurance Company (MassMutual) (Springfield, MA 01111-0001) and its subsidiaries, C.M. Life Insurance Company and MML Bay State Life Insurance Company (Enfield, CT 06082).