Term life

Term life insurance

Term life insurance is the simplest form of life insurance and generally has the lowest out-of-pocket cost to provide death benefit protection for your loved ones should you die. 

What is term life insurance?

With term life insurance, you choose the life insurance protection for a specific period of time. AuguStar Life offers you the flexibility of choosing affordable protection including:

  • 10-year term insurance
  • 15-year term insurance
  • 20-year term insurance

Have options for permanent protection tomorrow

Your protection needs may change down the road.

If you decide to convert your temporary coverage into permanent protection, FlexTerm Plus term insurance gives you the flexibility to choose any of our available products. FlexTerm Basic term insurance offers a slightly lower premium, but more limited conversion privileges.

And whatever protection you choose, you’ll be backed by a highly rated, financially secure company that's been helping people meet financial challenges for more than 100 years.

Term life insurance can help you:

Provide a death benefit

Your loved ones get a guaranteed, tax advantaged death benefit if you die

Pay fixed premiums

Enjoy affordable protection with fixed premiums for terms of 10, 15 or 20 years

Explore conversion options

You can convert to permanent life insurance, even if your health deteriorates

Want to learn more about term life insurance?

Term insurance CALCULATOR

All ratings information is according to reports published on: www.ambest.com/ratingswww.moodys.com/insurance and www.fitchratings.com. For the most current ratings, see constellationinsurance.com.

FlexTerm Series XII policies ICC18-TR-1/1U, Plus ICC18-TR1.P/1U.P) and any state variations are underwritten and issued by, and guarantees based on, the claims-paying ability of Ohio National Life Assurance Corporation.

Premiums are based on the age of the insured at nearest birthday and specified underwriting classification and is subject to change without notice. Premiums for issued policies may be different than a quote premium based upon actual underwriting classification. The premium stated in the policy is guaranteed to remain level for the term of the policy. Term products convertible to the end of the level term period or to the policy anniversary date nearest the insured's 70th birthday, whichever occurs first. Conversion options vary by term product. The policy includes certain limitations during the first two policy years.

Product, product features and rider availability vary by state.  Issuer not licensed to conduct business in New York.