Term Insurance

Term life insurance is the simplest type of life insurance protection you can buy, and generally has the lowest out-of-pocket cost to obtain death benefit protection for a short-term.

Term life insurance:

  • Provides guaranteed death benefit protection with a level premium for 10-, 15- or 20-years.
  • Can be converted to a permanent policy, even if your health deteriorates.
  • Does not offer a savings component, cash accumulation or loan features.

Term life insurance product choices
Ohio National offers 10-, 15- and 20-years of term life insurance. All products are available with either a “Basic” or “Plus” conversion option.

Term 10, 15, and 20 "Basic" level term policies provide bottom-line pricing and a limited conversion option. If you never intend to purchase a permanent product, a Basic product may be the right choice for you.

Term 10, 15, and 20 "Plus" level term policies offer expanded conversion options to an Ohio National permanent life insurance product including our industry leading whole life, universal life or variable universal life insurance policies – for a just a few dollars more per month.

If you intend to purchase permanent protection in the future, a Plus policy may offer you a better value.

Are you ready?
Take a look at what you can afford with our Term Calculator. Then ask yourself ... can I really afford not to?

Talk to us to find out more about term life insurance.