Term life insurance for the next generation
The most coverage for your family, at the lowest possible price.
Trusted by 1.5 million customers
Payouts as high as
$100,000,000
~90% applications approved
180+ years in
business
Here for your loved ones,
when you're not around
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 life policies 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.
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.