Do I need life insurance?

Yes, you may want to consider life insurance to provide your loved ones with financial security if you pass away during the policy term. Life insurance could help your beneficiaries pay for living expenses, debts, a mortgage, and other costs that may otherwise be challenging to afford without your income.

How do I get a life insurance quote?

To apply for life insurance, you generally need to know: How much coverage you need, considering your current income, debts, and ongoing expenses your family would need to pay for if you pass away Your medical history, as well as basic health info such as your height, weight, and any medications you take The medical histories of your immediate family members Your current income and net worth

What impacts your life insurance rate?

Several factors may influence how much life insurance costs, including: Age Sex Health Weight Tobacco use Lifestyle (e.g., risky job or hobbies)

Which life insurance policy is right for me?

It depends on your financial circumstances and goals. For example, if you have a young family and want to ensure they're covered while they depend on your income, then a term life policy may fit your needs.

What does life insurance cover?

Your beneficiaries can use the death benefit from your life insurance policy for any expenses they have. Some common uses for these funds include paying for funeral services, child tuition, mortgage payments, and other everyday expenses that would be a considerable burden with the loss of your income.

Life Insurance

Affordable life insurance policies are available through Progressive. Get a life insurance quote today.

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What is life insurance?

A life insurance policy allows you to provide a financial safety net for your loved ones in case you pass away. By paying regular premiums, your beneficiaries can receive a designated sum, known as a death benefit. A death benefit can be used however they like — for funeral services, paying off outstanding debt, and even everyday expenses.

How much does life insurance cost?

We partner with eFinancial to provide you with a range of life insurance options, starting at just $32 per month.^* Coverage options begin at $5,000 and go up to $2 million or more through eFinancial.

Whether you need short-term coverage while between jobs, or want to give your family long-term financial security, Progressive Life Insurance by eFinancial has an affordable policy waiting for you.

For consumers to whom eFinancial is not made available, Progressive Life Insurance Company offers affordable term policies.

How does life insurance work?

01
Purchase and maintain a policy

Choose your coverage and pay the premiums to keep your policy active.
02
Beneficiaries file a claim

If you die while your policy is active, your beneficiaries can submit a claim.
03
Beneficiaries receive the death benefit

The insurer pays the beneficiaries their payout, which they can use for funeral costs, mortgage expenses, and more.

Why choose Progressive Life Insurance by eFinancial?

FAST

No exam

eFinancial's RAPIDecision® Life makes it possible to purchase affordable life insurance quickly with no medical exam.
LEADING

Innovator

Fidelity Life & eFinancial have been awarded multiple U.S. patents, including one for their flagship product, RAPIDecision® Life.
DEDICATED

Agent support

eFinancial's representatives can help you build a life insurance policy that meets your budget and coverage needs.

Find the right life insurance policy type for you and your financial goals^§

Policy type	Cost	Coverage period	Cash value	Life stage examples
Term life insurance	Generally lower cost for larger coverage amounts	10, 15, 20, or 30 years	No	Getting married, having children, buying a home, or paying a mortgage
Final expense life insurance	Generally affordable; cost depends on coverage	Lifetime	May build cash value depending on the policy	Later in life when you want funds set aside for burial expenses or medical bills
Short-term life insurance	Affordable short-term coverage	1 year	No	Between jobs or waiting for long-term coverage to start
Whole life insurance	Higher premiums than term; premiums are fixed	Lifetime	Yes, builds at a fixed rate	Lifelong financial planning, leaving money to loved ones, or wanting cash value to borrow against
Universal life insurance	More flexible; payments can change over time	Potentially lifetime, subject to policy terms	Yes, builds over time	Estate planning or when you want flexibility to adjust payments/death benefit

Can you increase your life insurance coverage later?

It depends on the type of life insurance policy and its terms. You may be able to increase coverage by adding a rider, buying a new policy, increasing the death benefit with a universal or whole life policy, or enrolling in group life coverage through an employer. In some states, we offer a "flexible term" policy via Progressive Life Insurance Company — it allows you to adjust your coverage amount (up or down) without having to re-apply or get a new policy.^† Coverage options range from $50,000 to $1 million.

Life insurance is more affordable than you think

Young adults between the ages of 18 and 30 believe a 20-year, $250,000 term life insurance policy is 10 to 12 times more expensive than it really is, according to LIMRA's 2025 Insurance Barometer study. Life insurance is especially affordable for young, healthy adults. Learn more about how much life insurance costs, including real examples of monthly premiums for different age groups.

Common questions about life insurance

Yes, you may want to consider life insurance to provide your loved ones with financial security if you pass away during the policy term. Life insurance could help your beneficiaries pay for living expenses, debts, a mortgage, and other costs that may otherwise be challenging to afford without your income.
Learn more about when to get life insurance.
To apply for life insurance, you generally need to know:
- How much coverage you need, considering your current income, debts, and ongoing expenses your family would need to pay for if you pass away
- Your medical history, as well as basic health info such as your height, weight, and any medications you take
- The medical histories of your immediate family members
- Your current income and net worth
You can get an affordable life insurance quote online through Progressive. Or, call 1-866-912-2477 to speak with a licensed Progressive Life by eFinancial representative who can help you find the right policy for you.
Several factors may influence how much life insurance costs, including:
- Age
- Sex
- Health
- Weight
- Tobacco use
- Lifestyle (e.g., risky job or hobbies)
Learn more about how life insurance works.
Your beneficiaries can use the death benefit from your life insurance policy for any expenses they have. Some common uses for these funds include paying for funeral services, child tuition, mortgage payments, and other everyday expenses that would be a considerable burden with the loss of your income.
Others may use their life insurance to leave an inheritance for their children and to settle any debt their estate holds once they pass away.
Insurers typically require a medical exam when buying a traditional life insurance policy. The exam allows them to evaluate your physical health and medical history, determining the overall risk of issuing a life insurance policy to you.
However, there are other types of life insurance that don't require a medical exam, called simplified or guaranteed issue life insurance. These may be a good option if you have health conditions that make you ineligible for traditional life insurance.
eFinancial works with highly rated life insurance companies to help bring you competitive rates and a variety of simplified life insurance options, such as RAPIDecision® Life. This gives you the possibility to purchase life insurance with no exam. Progressive Life Insurance Company also offers term life policies that don't require a medical exam.^‡