If you’re looking for the best term life insurance providers in 2025, you’re in the right place. We’ve done the research, sifted through the fine print, and ranked the top companies based on coverage options, term lengths, customer satisfaction, and flexibility.
Best Term Life Insurance Companies at a Glance
Guardian Life – Best for applicants with health conditions
MassMutual – Best for term length options
Northwestern Mutual – Best for customer experience
Thrivent – Best for social responsibility
New York Life – Best for high coverage amounts
Pacific Life – Best for conversion flexibility
Penn Mutual – Best for term life versatility
AARP – Best for older applicants
1. Guardian Life: Best for Applicants with Health Conditions
✅ Why It Stands Out: Guardian Life extends coverage to individuals with pre-existing conditions, including HIV, making it one of the most inclusive insurers in the market.
✅ Key Features:
Offers term policies in increments of 1, 10, 15, 20, and 30 years.
Accepts applicants aged 18–75.
Policies start at $100,000 in coverage.
❌ Drawbacks:
No online purchase option.
Limited policy details on the company’s website.
🔍 Full Review of Guardian Life
2. MassMutual: Best for Term Length Options
✅ Why It Stands Out: MassMutual provides a wide range of term lengths, including an annually renewable option, and offers free policies to low-income parents.
✅ Key Features:
Term lengths: 1, 10, 15, 20, 25, and 30 years.
Free LifeBridge program for low-income parents.
Online application available.
❌ Drawbacks:
Most policies require a medical exam.
3. Northwestern Mutual: Best for Customer Experience
✅ Why It Stands Out: Northwestern Mutual receives fewer customer complaints relative to its size and ranks highly for customer satisfaction.
✅ Key Features:
Term lengths: 1, 10, and 20 years.
Offers annual renewable and level premium term life insurance.
Consistently pays dividends to eligible policyholders.
❌ Drawbacks:
Website lacks detailed policy information.
Limited customization options.
🔍 Full Review of Northwestern Mutual
4. Thrivent: Best for Social Responsibility
✅ Why It Stands Out: Thrivent, a fraternal benefit organization, tailors its offerings for Christian consumers and supports charitable activities.
✅ Key Features:
Term lengths: 10, 15, 20, and 30 years.
Offers disability and long-term care insurance.
Fewer complaints than expected for a company of its size.
❌ Drawbacks:
Coverage limited to those with a Christian affiliation.
Limited online details about coverage options.
5. New York Life: Best for High Coverage Amounts
✅ Why It Stands Out: New York Life offers robust term life policies with the option to convert to permanent coverage.
✅ Key Features:
Term lengths: 1, 10, 15, and 20 years.
Minimum coverage starts at $250,000.
Eligible policies may earn dividends.
❌ Drawbacks:
No online quotes.
Policy details not available on the website.
🔍 Full Review of New York Life
6. Pacific Life: Best for Conversion Flexibility
✅ Why It Stands Out: Pacific Life provides term policies that can be easily converted to permanent coverage, with financial incentives for early conversion.
✅ Key Features:
Term lengths: 10, 15, 20, 25, and 30 years.
Offers an accelerated death benefit rider at no extra cost.
Allows conversion before age 71 with financial credits applied.
❌ Drawbacks:
No online quote option.
Some policies unavailable in New York.
7. Penn Mutual: Best for Term Life Versatility
✅ Why It Stands Out: Penn Mutual offers multiple term policies, including a convertible term option and a more affordable non-convertible choice.
✅ Key Features:
Term lengths: 1, 10, 15, 20, and 30 years.
Minimum coverage starts at $250,000.
Low complaint volume compared to competitors.
❌ Drawbacks:
No online quotes available.
Limited online policy details.
8. AARP: Best for Older Applicants
✅ Why It Stands Out: AARP provides term life insurance with no medical exam required, catering to applicants aged 50 and older.
✅ Key Features:
Coverage up to $150,000.
No medical exam required.
Available to AARP members aged 50–74 (or spouses aged 45–74).
❌ Drawbacks:
Premiums increase every five years.
Coverage ends at age 80 unless converted to permanent life insurance.
Key Takeaway
Finding the right term life insurance depends on your age, health condition, coverage needs, and whether you prefer the option to convert to permanent coverage. Guardian Life is an excellent choice for those with health conditions, while MassMutual offers flexible term lengths. For superior customer experience, Northwestern Mutual ranks highly, whereas Thrivent stands out for its community-driven approach. If you need high coverage, New York Life is a solid pick, while Pacific Life is great for conversion flexibility. Penn Mutual caters to diverse term life needs, and AARP is a great option for older individuals.