Life insurance for families isn't about death. It's about keeping life going — groceries, school, the car payment — when your income disappears.
From young families needing decades of income protection to seniors seeking permanent coverage — every stage of life has a product designed for it.
Income replacement through your working years
The best time to buy life insurance is before you need it. Here's who can't afford to wait.
Coverage is cheapest right now, and your family's need is greatest. Locking in your rate today means decades of protection at today's premium — rates only go up as you age.
Childcare, meals, transportation, household management — replacing what a stay-at-home parent provides costs $50,000–$180,000 per year. Your family needs your coverage, too.
Without a backup policy, there is no plan. If your paycheck stops, the mortgage, groceries, school tuition, and car payments don't. Life insurance is the only financial tool that pays when it's needed most.
You carry everything alone. There's no co-parent safety net. If something happens to you, your children need an immediate financial bridge — not a crisis. Life insurance is that bridge.
No medical exams, no agent appointments, no waiting weeks. Just a straightforward process.
Age, coverage amount, and basic health information. About 2 minutes, no commitment.
Term life rates from Tower Hill carrier network appear immediately. See exactly what coverage costs before you commit.
Complete your application digitally. Tower Hill carrier network's instant underwriting processes it without a medical exam for most applicants.
Receive your coverage decision in minutes. Your family is protected — often before dinner.
If your family's protection plan is "I have coverage through work," read this. Group life is a starting point — not a safety net.
The coverage gap nobody talks about: The average employer policy covers 1–2× your salary. Financial planners recommend 10–12×. If you earn $60,000, your family may only get $60–120K — that's less than two years of income.
The standard rule is 10–12x your annual income. A $75,000/year earner should consider $750,000–$900,000 in coverage. But the real number accounts for your mortgage balance, years of income remaining, number of dependents, and any existing savings or employer coverage.
A 20-year term is ideal if your youngest child will be financially independent in 20 years, or if you're on track to have your mortgage and debts paid off by then. A 30-year term provides longer runway — ideal for young parents under 40 or anyone with a new 30-year mortgage.
Yes. Each spouse should have their own policy. Even if one spouse doesn't work outside the home, the childcare, household management, and support they provide has real economic value — typically $50,000–$180,000/year to replace.
Tower Hill's online application process is Tower Hill advantage Network's instant underwriting. Most applicants get a coverage decision in minutes and have an active policy the same day. No waiting period, no medical exam for qualifying applicants.
Get a term life quote in under 2 minutes. Lock in your rate before your next birthday raises the price.