Term Life Insurance
Term life insurance is a cost-effective way to cover costs for loved ones left behind. Those needs may be replacing income, paying off debt or covering college costs.
When you buy term insurance, you choose how long it lasts and how much coverage you want. Premiums remain level every year.
Erie Family Life Insurance Company1 offers you two choices:
- ERIE LifeSense® makes it easy to get up to $90,000 worth of coverage in about 15 minutes. There’s no medical exam or complicated forms to fill out. In fact, it is a simple application with only a few medical questions. It can be the perfect way for part-time employees, entrepreneurs, first-time life insurance buyers, stay-at-home caregivers and others to get the essential coverage they know they should have quickly and easily — read more about the coverage.
- Term insurance provides life insurance for the period of time that best suits your needs. You can select from a 10-, 15-, 20- or 30-year plan to protect you. Coverage can be purchased starting at age 0, and the face amount of the policy and premiums remain level for the period of time you select. If you should die during the defined term, the proceeds would be paid to the named beneficiary. You’ll also have the opportunity to convert your term policy to a permanent life plan (during the level period or before age 70, whichever comes first). We guarantee this conversion privilege regardless of health, occupation or hobbies.2
Term life insurance — especially ERIE LifeSense — is a way to help protect your family and give yourself peace of mind. Life insurance is too important to put off. Contact a local ERIE Agent today.
1Life insurance and annuity products are not available in New York. Refer to our Disclaimer for additional information.
2The term policy and conversion privilege must be in effect at the time of conversion. Subject to age and plan limitations. The face amount of the replacement policy must be equal to or less than the face amount of the term policy.