Term Life Insurance
Aviva term life insurance protects your family for a certain period of time or term. If you die within that period of time, your family (the beneficiary) is paid the amount of the policy. We also offer Universal Life and Indexed Universal Life.
Minimum protection needed
Term Life Insurance
Term life insurance, for individuals and business owners who need coverage for a specific period of time or have a limited budget.

Compare to universal life
This is a summary. Terms and conditions may vary by state. For details and to find out what’s right for you, contact your local Aviva agent.
| |
Term Life Insurance |
Traditional Universal Life Insurance |
Policy period |
10, 20, 30 years or Annual Renewable Term (ART) |
Lifetime (as long as premiums are current and the policy doesn’t lapse) |
Minimum face value |
$50,000 |
$10,000 -$50,000 |
Issue age |
18-75 |
0-85 |
Builds cash value |
Not applicable |
Yes |
Guaranteed interest rate |
Not applicable since no cash value is accumulated |
2-4% |
Premiums |
Fixed |
Lifetime adjustable |
Riders available |
Yes |
Yes + Wellness for Life |
Flexibility |
Convertible to any universal life insurance policy |
Adjustable coverage, premiums and payouts |
Summary |
Good for low-cost death benefit |
Good for cash accumulation |
All tax related information contained herein is based on our current understanding of federal tax laws as they relate to life insurance or other subject matter discussed. These laws are subject to change in the future. Neither Aviva nor its representatives offer legal or tax advice. You should consult a personal tax advisor on any tax matters. In order to comply with certain U.S. Treasury regulations, please be advised of the following: Unless expressly stated otherwise, any U.S. Federal tax advice contained in these materials is not intended or written to be used, and cannot be used, by any person for the purpose of avoiding any penalties that may be imposed by the Internal Revenue Service. Products issued by and all policy benefits are the responsibility of Aviva Life and Annuity Company, and not that of any other insurer or company.