Young couples looking for affordable coverage.The last premium increase occurs at age 75.Įmpire Life's term life insurance plan is best suited for: At the end of your term, you get the option to renew the policy at an increased rate. The premium remains the same throughout the policy term. Solution 10Īs the name suggests, the coverage lasts for 10 years. Empire Life Insurance Company has several term plans in place to meet varied needs. Term life insurance provides you with a life insurance policy for a specific number of years at an affordable rate. Our Empire Life assessment shows that the company offers a full range of life insurance products, including two term life insurance plans.