Term Life Insurance

Plan for the unexpected today

Term life insurance is designed to provide low-cost life insurance for a stated period of time, usually between one to 30 years. In the event of a tragedy, it can help:

  • Maintain your family’s lifestyle (income replacement)
  • Keep your family in their home (mortgage payoff)
  • Remove debt burdens (credit card/personal loan payoff)
  • Finance a child’s education
  • Pay for funeral expenses
  • Protect your spouse’s retirement plans
  • Continue a business

At Truist Life Insurance Services, our insurance strategists are here to provide unparalleled service and a full suite of life insurance and related solutions.

To determine the right coverage for you and your family, contact us at 800-474-1471 to speak with an agent or get a no-obligation quote below with one of our on-line products.

Fully underwritten term

A traditional underwriting process requires a thorough review—including a full medical exam—to qualify. Your health status could result in a lower premium cost.

Haven Term

  • Coverage amount: $100,000 to $3,000,000 (max of $1,000,000 for ages 60-64)
  • Level term options: 10, 15, 20 or 30 years
  • Underwriting requirements: Medical exam required in most cases
  • Age and health: Ages 18 to 64, with some pre-existing conditions acceptable
  • Policy issuance: 0-30 days, so long as applicants complete the medical exam (if required)
  • Insurer: Massachusetts Mutual Life Insurance Company (MassMutual)¹

Simplified issue term

Simplified Issue is a convenient way to process term insurance that does not require a medical exam or lab tests. You'll get a faster underwriting decision, but generally a higher premium cost due to the limited underwriting and medical evidence of insurability.

Haven Simple

  • Coverage amount: $25,000 to $500,000
  • Level term options: 5, 10, 15
  • Underwriting requirements: No medical exam or lab tests required² (Issuing the policy or paying its benefits depends on the applicant’s insurability, based on their answers to the health questions in the application, and their truthfulness.)
  • Age and health: Ages 20 to 50³, dependent on health history
  • Policy issuance: Instantly, if qualified
  • Insurer: C.M. Life Insurance Company - a subsidiary of Massachusetts Mutual Life Insurance Company (MassMutual)⁴
Truist Life Insurance Services has partnered with Haven Life Insurance Agency to make these online term insurance options available. Haven Life is wholly owned by MassMutual, which is rated "A++" by A.M. Best—a leading rating agency of the insurance industry.⁵ Other simplified issue products may be available through our agents.

For more information, contact your Truist advisor or Truist Life Insurance Services directly at 800.927.2475


By clicking the "Get a quote" button, a new browser window will open and take you to HavenLife.com. This link to Haven Life is provided for your convenience. Haven Life is wholly responsible for the content and services offered on its website.

¹Haven Term is a Term Life Insurance Policy (DTC and ICC17DTC in certain states, including NC) issued by Massachusetts Mutual Life Insurance Company (MassMutual), Springfield, MA 01111-0001 and offered exclusively through Haven Life Insurance Agency, LLC. Policy and rider form numbers and features may vary by state and may not be available in all states. In NY, Haven Term is DTC-NY. In CA, Haven Term is DTC-CA. Our Agency license number in California is 71922 and in Arkansas, 100139527.

²Because simplified term life insurance is issued with only limited medical information, the policy costs are typically higher and certain restrictions generally apply. Those willing to undergo more extensive medical testing may benefit from fully underwritten term life.

³Maximum issue ages: 5-, 10- and 15-year terms available to U.S. Citizens age 20 to 50. Once coverage is issued, it can continue to age 95.

⁴Haven Simple is a Simplified Issue Term Life Insurance Policy (ICC19PCM-SI 0819 in certain states, including NC) issued by C.M. Life Insurance Company, Enfield, CT 06082. Policy and rider form numbers and features may vary by state and may not be available in all states. Haven Life Insurance Agency’s license number in California is OK71922 and in Arkansas 100139527.

⁵MassMutual and its subsidiaries C.M. Life Insurance Company and MML Bay State Life Insurance Company are rated by A.M. Best Company as A++ (Superior; Top category of 15). The rating is as of 10/1/2020 and is subject to change. MassMutual has received different ratings from other rating agencies.

Insurance products are offered through Truist Life Insurance Services, a division of Crump Life Insurance Services, Inc., AR license #100103477, a wholly owned subsidiary of Truist Insurance Holdings, Inc. Insurance products are not a deposit, not FDIC insured, not guaranteed by the bank, not insured by any federal government agency, and may go down in value. For use with non registered products only.

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