Life Insurance That Fits Your Future.
Allstate offers affordable term life plus permanent options that build cash value over time. We help you figure out exactly how much coverage your family needs — And which type makes sense for your situation.
Coverage That Works for You
Term Life Insurance
Coverage for a set period — Typically 10, 20, or 30 years — At a locked-in rate. Term life is typically the most affordable option. Best for covering a mortgage, replacing income during working years, or protecting young families on a budget.
Whole Life Insurance
Permanent coverage that lasts your entire life with a fixed premium and guaranteed death benefit. Includes a cash value component that grows over time on a tax-deferred basis — You can borrow against it for any reason without a set repayment schedule.
Universal Life Insurance
Flexible permanent coverage with adjustable premiums and death benefits. Includes cash accumulation options that let you build savings while maintaining lifetime protection. Good for people whose financial situation may change over time.
No Medical Exam Options
For many applicants, allstate can approve coverage based on a simple health questionnaire — No in-person medical exam required. This makes the process faster and more convenient, especially for younger, healthier applicants.
Term-to-permanent Conversion
Start with affordable term life and convert to a permanent policy later — Without a new medical exam. This lets you lock in coverage now at a low rate and upgrade when your financial situation allows.
Children's Coverage Rider
Add coverage for your children to your policy. This provides a small death benefit and, more importantly, guarantees their insurability later in life — Even if they develop health conditions as adults.
Accidental Death Benefit Rider
Provides an additional payout if death results from a covered accident. This rider increases the total benefit your family receives in the event of an accidental death.
Programs Only Allstate Offers
These aren't generic coverages — they're exclusive Allstate programs designed to save you money and reward safe behavior.
Term-to-permanent Conversion
Upgrade Without a New ExamStart with affordable term life insurance and convert to a permanent policy later — Without undergoing a new medical exam or health questionnaire. This is valuable because your health may change over time, and conversion locks in your original health rating.
Accelerated Death Benefit
Access Funds When You Need Them MostIf you're diagnosed with a terminal illness, this rider lets you access a portion of your death benefit while you're still living. Use it for medical bills, quality-of-life expenses, or anything else — It's your money when you need it most.
Children's Coverage
Protect Their Future InsurabilityAdd a children's rider to your policy to provide a small death benefit for your kids. More importantly, it guarantees their ability to get life insurance as adults — Even if they develop health conditions later. A small investment now that protects their options forever.
Discounts You May Qualify For
Adding life insurance to an existing auto + home bundle is one of the most overlooked savings opportunities. The life insurance premium itself may not be discounted, but it can unlock additional multi-policy savings on your auto and home policies — and it's the most important coverage you can have for your family.
Multi-policy Bundle
Save when you add life insurance to your existing auto, home, or umbrella policy bundle.
Non-smoker Rates
Non-smokers typically qualify for significantly lower premiums. This isn't a discount per se — It's a lower risk classification during underwriting that results in better rates.
Annual Payment Discount
Pay your annual premium in one lump sum instead of monthly installments and save on service fees.
What's Covered — and What's Not
Understanding the boundaries of your policy helps you avoid surprises when you need coverage most.
Typically Covered
Typically Not Covered
Real Consequences
What Happens Without It?
the scenario
A 38-year-old parent in High Point is the primary earner for a family of four, bringing home $75,000 a year. They have a $220,000 mortgage, two kids under 10, and their spouse works part-time.
without coverage
If the primary earner passes away unexpectedly, the family loses $75,000/year in income overnight. The mortgage payment is still due. Childcare costs increase so the surviving spouse can work full-time. College savings stop. Within months, the family may face selling the home, pulling kids from activities, and making impossible financial choices during the worst time of their lives.
with allstate coverage
A $500,000 term life policy pays out a tax-free death benefit. The surviving spouse uses it to pay off the $220,000 mortgage, cover 3-5 years of living expenses while adjusting, and keep the kids' college fund on track. The family stays in their home, in their school district, in their community — with time to grieve and rebuild without financial crisis.
Real Scenarios, Real Answers
Insurance isn't one-size-fits-all. Here's how your coverage works in situations North Carolina residents actually face.
Covering a Mortgage in the Triad
A young couple in greensboro just bought their first home with a $300,000 mortgage. A 30-year term life policy on the primary earner ensures that if they pass away unexpectedly, the surviving spouse can pay off the mortgage and stay in the home — Without needing to sell or take on additional debt.
Replacing a Stay-at-home Parent's Value
A family in high point has one working parent and one stay-at-home parent. If the stay-at-home parent passes away, the working parent would need to pay for childcare, housekeeping, transportation, and other services. A life insurance policy on the stay-at-home parent covers the cost of replacing those contributions — Which can easily exceed $40,000/year.
Funding Education at Nc State or Unc
A single parent wants to guarantee their child can attend college regardless of what happens. A term life policy with a death benefit sized to cover four years of tuition and living expenses ensures the child's education is funded — Even if the parent isn't there to provide for it.
Small Business Owner Buy-sell Agreement
Two partners own a business in winston-salem. They each take out life insurance policies on each other as part of a buy-sell agreement. If one partner dies, the surviving partner uses the death benefit to buy out the deceased partner's share — Ensuring the business continues and the deceased partner's family receives fair value.
Final Expenses for a Retiree
A retiree on a fixed income doesn't want to burden their children with funeral costs, which average $7,000-$12,000 in nc. A small whole life or final expense policy covers all burial and medical bills, providing peace of mind for the entire family.
What the Numbers Actually Mean
Insurance limits can feel like alphabet soup. Here's a plain-English breakdown of what you're actually buying.
The tax-free lump sum your beneficiaries receive. We help you calculate the right amount based on your mortgage, debts, income replacement needs, education funding, and final expenses — Not a generic rule of thumb.
How long your coverage and premium are locked in. A 20-year term is common to cover the years kids are at home. A 30-year term matches a mortgage. Ask your agent about available term lengths.
A portion of your premium grows as a tax-deferred savings component you can borrow against. Starts small but can become a significant asset over decades. Available in whole life and universal life policies.
If diagnosed with a terminal illness, you can access a portion of your death benefit while still living — For medical bills, quality-of-life expenses, or anything else you choose. The exact amount available varies by policy.
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See How It Works
What Is Life Insurance and Why Do You Need It?
Life insurance provides peace of mind that your loved ones will have financial security. Watch Allstate explain the different types — term, whole, and universal — and when each makes sense.
Browse All VideosReady to Get Covered?
A 15-minute call is all it takes. We'll review your situation and build a quote that fits.
Disclaimer: The coverage descriptions on this page are general summaries intended for informational purposes only. They do not constitute insurance advice, nor do they modify, amend, or supplement any insurance policy. Actual policy terms, conditions, exclusions, and limitations vary by state and individual risk profile. Allstate products and discounts are subject to terms, conditions, and availability. Please refer to your specific policy documents for complete details, or contact us to discuss your coverage needs with a licensed agent.