Get a Term Life Quote: 

Or give us a call at 1-800-589-0929

Term Life Insurance from Physicians Life Insurance Company

a member of the Physicians Mutual Family

Choosing the right coverage is important. That's why Physicians Life Insurance Company offers you options for term life insurance to help meet your family's needs.

Our Term Life Insurance is designed to help with funeral costs, some additional final expenses and bills. It is coverage priced attractively to help cover you for a set number of years.

Our High Benefit Term Life Insurance offers a greater amount of coverage to help replace income and help with higher financial obligations, such as mortgage payments. It can help ensure your loved ones maintain the lifestyle you've worked so hard to provide.

Not sure which coverage option may be best for you? Call us at 1-800-589-0929. We'll be happy to answer your questions and help you sort out the details, so you only get the coverage that's right for you and your family.

Time Saver: Try this simple Life Insurance Calculator to help you determine what amount may be right for you. Then, use the chart below to compare your options.

 
 

Features

Term Life

for final expenses

High Benefit Term Life

for mortgage and income replacement
Length of Coverage Choice of 10 or 20 years Choice of 10, 15, 20 or 30 years
For Ages 18 — 70 for 10-year term
18 — 60 for 20-year term
18 — 75 for 10-year term
18 — 65 for 15-year term
18 — 60 for 20-year term
18 — 50 for 30-year term (45 years old for tobacco)
Benefit Amount Up to $50,000 Up to $10,000,000
Designed to Help
  • Pay burial and final expenses
  • Pay last medical bills
  • Cover remaining credit card and other debts
  • Pay day-to-day living expenses
  • Strengthen existing life insurance coverage
  • Pay burial and final expenses
  • Pay last medical bills
  • Cover remaining credit card and other debts
  • Pay day-to-day living expenses
  • Replace lost income
  • Pay off mortgage
  • Support young children
  • Pay college tuition
  • Provide funds for charitable giving or to leave a legacy
Pays on Top of Other Insurance Yes Yes
Cost Level rates for the term Level rates for the term
Discounts Save $1.00 on renewal premiums every month when you sign up Automatic Bank Withdrawal No
Guarantees You have the right to:
  • Review your policy for 31 days with no obligation — and receive a full refund if you choose to cancel
  • Renew your coverage at the end of each term up until you turn 95
  • Convert your coverage to a whole life insurance policy at any time during the term of your coverage
You have the right to:
  • Review your policy for 31 days with no obligation — and receive a full refund if you choose to cancel
  • Renew your coverage at the end of each term
  • Convert your coverage to a whole life insurance policy at any time during the term of your coverage
Help at Your Fingertips

 

Or give us a call at 1-800-589-0929


 

Or give us a call at 1-800-589-0929

 

Important Information for Term Life Insurance:

Issuance of this coverage may depend upon the answers to the health questions on your application.

In CO, MO, ND: During the first year of the policy, a return of premiums is paid for death due to suicide while sane or insane. All other causes of death are paid immediately.

In all other states: During the first two years of the insurance policy, a return of premiums is paid for death due to suicide while sane or insane. All other causes of death are paid immediately.

This refers to insurance policy kind L760 (GA: L760GA; OK: L760OK; TX: L760TX).

Important Information for High Benefit Term Life Insurance:

Issuance of this coverage may depend upon the answers to the health questions on your application.

In CO, MO, ND: During the first year of the policy, a return of premiums is paid for death due to suicide while sane or insane. All other causes of death are paid immediately.

In all other states: During the first two years of the insurance policy, a return of premiums is paid for death due to suicide while sane or insane. All other causes of death are paid immediately.

This refers to insurance policy kind L762 (GA: L762GA; OK: L762OK; TX: L762TX).

These products and offers are not available in all states. Please contact us to see what coverage may be available in your area.

Premiums are subject to change annually after the term of the insurance policy's initial guaranteed premium period.