Term Life

A practical choice that delivers peace of mind.


Protection for a defined period with predictable premiums.

Employees will appreciate the peace of mind that life coverage provides, and their loved ones will appreciate a benefit that can help guarantee a more secure future if the unthinkable should happen. Term Life from ManhattanLife provides protection for a defined period, during which premiums stay the same.




From December 1986 to September 2017, funeral expenses rose 227.1 percent, while prices for all items rose 123.4 percent.1


The national median cost of a funeral with viewing and burial in 2016 was $7,360.1


In 2016, nearly 3 out of 4 consumers, 73%, died with significant outstanding debt. The average total balance of their debt was $61,554, including mortgage debt. Without home loans, the average balance was $12,875.2

ManhattanLife Term Life Provides Basic Benefits.

Employees choose the amount of life insurance they need (based on coverage limits) and either a 10-year or 20-year term period. Premiums are guaranteed and will not increase during the term period. Upon the insured’s death, the beneficiary will receive the death benefit selected.



Accelerated benefit for terminal illness - if the insured is diagnosed with a terminal illness, he or she can receive a lump sum benefit of 50% of the death benefit (up to $100,000).



Coverage is fully portable if you leave the company prior to age 70, as long as the Master Policy is in force.


Sources for statistics: 1U.S. Bureau of Labor Statistics; 2December 2016 data provided to Credit.com by credit bureau Experian