Life insurance

Term Life Insurance

Learn how much insurance you may need, get a quote, and apply with the Life Wizard by TIAA-CREF Life Insurance Company (TIAA Life).
Get the Basics

What is term life insurance?

Term life insurance is designed to offer a death benefit for a limited period of time, usually 10-30 years. It is often seen as the least expensive type of life insurance that can be purchased because of the fact that coverage is limited by time.
Get the basics

Benefits of term life insurance

  • Affordable term life insurance rates
  • Generally federal income-tax free death benefit2
  • Flexibility to convert to an available TIAA Life permanent policy, without additional medical screening3

The basics of term life insurance

You pay in

You pay for insurance for a certain time frame —such as 10, 15, 20 or 30 years.
Premiums remain level, and are generally lower than those of permanent insurance, for the same period.

Your policy pays out

If you pass away, the benefit is paid to your beneficiaries.
Get early access to benefits in case of terminal illness.1
We know you care about the world. In addition to the  benefit paid to your beneficiaries. TIAA Life can also pay a benefit to a qualifying charity in your memory at no additional cost to you.2
1,2,3,4See more details about term insurance

How much does term life insurance cost? 

Term Life insurance costs vary depending on the plan you're looking for.  Use our life insurance calculators to determine potential costs. 

Get started with the Life Wizard

Use our life insurance wizard to guide you through an assessment of your needs and come up with an estimate of the term policy cost.

Term life insurance quotes

7 quick questions are all that stand between you and a term life insurance quote.
Learn More

How long is term life insurance?

With a term life insurance policy, you can lock in level rates and coverage for a certain time frame (10-30 years).  Read more about our life insurance policies. Term life insurance rates can vary based on:
  • Amount of coverage needed
  • Length of coverage
  • Your age health, lifestyle and other factors

Get a customized term life insurance quote.

How it works

How to get term life insurance

Getting covered by different types of term life insurance is quick and easy with our term life insurance options.*
STEP 1 Choose the best type of insurance for your needs.
STEP 2 Select your policy features and apply for coverage.
STEP 3 Complete a brief medical screening in your home, at no cost to you.
STEP 4 Once approved, review your policy terms and make your first payment.*
*Typically insurance is issued in as few as 3 – 4 weeks after a medical screening. Not everyone who applies will be issued a policy.

Easy to do business with

From getting a policy, to filling a claim, your satisfaction is our biggest concern.

Money back guarantee

Get your money back if you change your mind for any reason in the first 30 days.

It’s okay to change your mind

You can convert your term policy to TIAA life permanent insurance without completing any forms or medical screenings.3

TIAA is all about trust

We have continually made the list of the most ethical companies by Ethisphere Institute.5

We're here to help

Give us a call
Weekdays, 8 a.m. – 8 p.m. (ET)
3 You can convert your in-force TIAA Life Level Term life policy to an available TIAA Life permanent life insurance policy—without taking a medical exam—before you turn age 80 (age 65 in NY). Evidence of insurability, such as a new medical exam, may be required if you increase your coverage amount at the time you convert to a permanent policy.
5 2015-2019. The World's Most Ethical Company assessment is based upon the Ethisphere Institute’s Ethics Quotient® (EQ) framework which offers a quantitative way to assess a company’s performance in an objective, consistent and standardized way. The information collected provides a comprehensive sampling of definitive criteria of core competencies, rather than all aspects of corporate governance, risk, sustainability, compliance and ethics. Scores are generated in five key categories: ethics and compliance program (35%), corporate citizenship and responsibility (20%), culture of ethics (20%), governance (15%) and leadership, innovation and reputation (10%) and provided to all companies who participate in the process. The full list of the 2018 World's Most Ethical Companies can be found at