Term Life Insurance For The Next Generation

The most coverage for your family, at the lowest possible price.
Check our prices
Starting from $8/mo.

Trusted by 1.5 million customers

We partnered with Legal & General to provide you with affordable and customizable coverage

Payouts as high as

~90% applications approved

180+ years in

Here for your loved ones,
when you're not around

Term life insurance helps cover the financial burden of your loss for the people who matter most

Income continuity

Maintain your family's ongoing financial security

Home payments

Pay off your mortgage and maintain your property

Remaining debt

Handle your loans and debts so your family doesn't have to

College tuition

Guarantee your children's education

Final expenses

Burial, funeral services, or cremation expenses

Quality of life

Help your loved ones maintain their current lifestyle

Good to know...

Life insurance can be confusing, so we worked hard to make it simple. If you still have questions, you can check out  life insurance explained.

Will you be around in 40 years?

Absolutely. Our term life insurance is issued by Legal & General Group, who have been around for more than 180 years!

Who can apply for coverage?

People between 20 and 75 years of age can apply. If you have a history of heart disease, cancer, or other life-threatening conditions, you may not be eligible for a policy at this time.

Can I cancel any time?

You sure can! You can get a full refund through Legal & General if you cancel within the first 30 days.

Term vs. whole life insurance?

term life insurance can cover you for 10 to 40 years, whole covers you for your entire life. Plus,whole lifepolicies have a guaranteed cash value that grows over time, so they tend to be more pricey.

How much does life insurance cost through Lemonade?

Policies start around $8 per month. Premiums are based on the coverage amount and term you choose, as well as your age, lifestyle, health profile, and location.

Will I need to do a medical exam?

It depends. In some cases, you might be asked to do a quick medical exam to help our partners give you the best price for your coverage.

Why Lemonade?

Lemonade was founded with a mission to create the world’s most loved insurance brand. Everything we do revolves around you, our customer. We’re also top-rated by Clearsurance, and others, and maintain a ‘world-class’ Net Promoter Score, higher than 75. We’re a socially driven Public Benefit Corporation and a certified B-Corp!

Will my premium change over time?

Nope. That’s the cool thing about term life policies. Your premium is locked in for the entire term (10 to 40 years).

What kind of life insurance does Lemonade offer?

We offer term life insurance with term options of 10, 15, 20, 25, 30, 35, and 40 years. Our policy helps protect your loved ones, and allows you to pick from an unlimited coverage range, starting from $100,000.

A tiny price, for a huge sigh of relief

Your future self will thank you. Lemonade Term Life, starting at $8/mo.
Get a quote
Lemonade Life Insurance Agency, LLC (LLIA) is acting as the agent of Legal & General America, whose life insurance products are underwritten and issued by Banner Life Insurance Company Urbana. Banner products are distributed in 49 states and in DC. Banner Life is not authorized as an insurer and does not do business in New York. The Legal & General America companies are part of the worldwide Legal & General Group. OPTerm policy form # ICC21-DTCV and state variations. Premiums based on preferred plus non-tobacco, preferred non-tobacco, standard plus non-tobacco, standard non-tobacco, preferred tobacco and standard tobacco underwriting classes. Policy descriptions provided here are not a statement of contract. Please refer to the policy forms for full disclosure of all benefits and limitations. LLIA receives compensation for the insurance policies it sells. Products or issue ages may not be available in all jurisdictions. Limitations or restrictions may apply. Our application asks about your lifestyle and health.