Primerica Reviews 4 Reasons You May Need Term Life Insurance

Key Takeaways

• Term life insurance provides financial protection to your family should the unthinkable happen.
• Major milestones like marriage, a new job, parenthood or buying a home provide the perfect opportunity to re-evaluate whether your policy meets your changing needs.
• Finding the right coverage doesn’t have to be complicated — guidance is just a conversation away.

Do I need term life insurance?

If you've ever asked yourself that question, you're not alone.

Life's biggest milestones — buying a home, starting a new job, getting married, having a child — often bring exciting changes, along with new financial responsibilities and risks. In these moments, having the right protection in place can mean the difference between financial stability and financial uncertainty.

The benefits of term life insurance go beyond peace of mind — it can help you safeguard your loved ones, support long-term goals and remain financially prepared for whatever comes next.

Four major life events that can shape your term life insurance needs:

• Buying a home

  Purchasing a home is one of the biggest financial commitments you can make in your lifetime, and it often comes with a mortgage that lasts decades. If something were to happen to you, would your loved ones be able to afford to stay in the home? Term life insurance can help ensure that mortgage payments don't become a burden. Whether it's your first home or your fourth, the right level of coverage can protect your investment and your family's financial security.

• Starting a new job

  Many people are surprised to learn their new employer doesn't offer life insurance or only provides limited coverage. In fact, Primerica's quarterly Financial Security Monitor™ survey reveals that 38% (about one-third) of middle-income Americans don't receive this coverage through their work.1 And even if your job comes with this benefit, it's unlikely to cover all your needs. That makes this a smart time to evaluate whether your policy provides enough protection for your family.

• Getting married

  Marriage doesn't just mark the beginning of an exciting new chapter in life; it also comes with new financial responsibilities. Would your spouse be financially secure if the unexpected happened? Term life insurance can help pay off shared debt, cover joint expenses and support your spouse's financial future. Updating your coverage and naming your spouse as a beneficiary is a meaningful step you can take as you build your new life together.

• Having children

  Bringing a child into the world comes with joy, responsibility and a long list of financial considerations. From daily expenses to saving for college, the financial stakes couldn't be higher. Term life insurance can help ensure your child will be supported should something ever happen to you. And as your family grows, so should your coverage. A term life policy helps protect not only your family's future but also your peace of mind.

life doesn't come with a playbook – but that doesn't mean you can't build a strong financial game plan. Whether you're navigating a new milestone or just thinking about what's next, term life insurance can offer a simple, affordable way to protect what matters most.

A licensed Primerica representative is ready to help you.

Figuring out the right coverage for you and your family can feel complicated – but it doesn't need to be that way. Contact your local licensed Primerica representative today to help you find the right term life insurance product for your unique needs.

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1 Primerica Financial Security Monitor™ Survey Q2 2025

Life-licensed Primerica representatives are agents of certain affiliated Primerica Companies. In New York, term life insurance products are underwritten by National Benefit Life Insurance Company, Home Office: Long Island City, New York. In the United States (except in New York), term life insurance products are underwritten by Primerica Life Insurance Company, Executive Offices: Duluth, Georgia. In Canada: Term life insurance products and Common Sense Funds segregated fund products are underwritten by Primerica Life Insurance Company of Canada, Head Office: Mississauga, Ontario. Not all products are available in all states or provinces.