08/07/2026
Which term life insurance option makes the most sense as you get closer to retirement?
As retirement approaches, your need for life insurance often changes. You may have fewer years left on your mortgage, children may be financially independent, and your overall need for income replacement may be shorter.
That’s why many people at this stage of life consider Term 10, or sometimes Term 20, rather than locking in coverage for a longer period.
The right term depends on what you still need your insurance to protect and for how long.
Not sure what makes sense for you? We can help you compare your options.