“Term” is the length of your policy. Term life insurance policies are only active for a specific period of time. They expire once the term ends (or you stop paying). Progressive Life Insurance® currently offers term lengths between 10 and 30 years, depending on the policy type.
Help Center

Life Insurance Basics
What does term length mean?
What does coverage amount mean?
“Coverage amount” is the amount of money your beneficiary can receive if you pass away while the life insurance policy is active.
What is the difference between rate and premium?
- Rate is the cost of life insurance coverage specific to you. It is used to calculate your premium, and depends on various factors like the policy term as well as your age, gender, health status, etc.
- Premium is the total amount you need to pay at each billing cycle to purchase the policy and keep it active. Progressive Life Insurance currently bills monthly.
What is a primary beneficiary and contingent beneficiary?
A primary beneficiary is the person or persons who will receive the benefit (payment) should you pass away while your policy is in effect. Many people name their spouse and/or children as their primary beneficiary.
Think of a contingent beneficiary as a backup. If something happens to your primary beneficiary, the contingent beneficiary would receive the death benefit if you were to pass away while your policy is active.
With Progressive Life Insurance, you can add up to 6 primary beneficiaries and 6 contingent beneficiaries. You’ll have the ability to select and customize specific payout amounts for each person after you’ve purchased your policy and set up your account.
How do I decide what term or coverage amount is best for me?
Our guided quote will walk you through the entire process step by step. † It’s designed to get to know your specific situation by asking relevant questions in addition to providing helpful information along the way.
You’ll receive a quote and suggested policy that’s focused on your life and current needs. We’re here to help you, but you ultimately know your situation best. Be sure to review the suggested policy and determine if it is the best fit for you, and you can adjust it to the term and coverage that’s right for you before starting your application.View All
Progressive Life
Where is Progressive Life Insurance available?
Progressive Life Insurance is currently available to U.S. citizens or permanent residents living in the states of Indiana, Michigan, Ohio and Pennsylvania.
What policies does Progressive Life Insurance offer?
Progressive Life Insurance currently offers two types of term life insurance policies:
- Standard—This policy has a set term length and coverage amount. Generally speaking, you cannot increase your coverage amount or change the term length once a standard policy has been purchased except by applying for an underwritten increase. You can also cancel your policy and purchase a new one.
- Flexible—This policy has a set term length, but provides the flexibility for you to increase your coverage amount with certain life events in the first 10 years of the policy.*(See Disclosure)
Other limitations may apply to both Standard and Flexible policies.^(See Disclosure)
What if I have pre-existing conditions?
We realize that “health” is a complex topic and can be measured in many different ways. For the purposes of life insurance, there are certain factors that help determine your current health situation. For example, some people may have pre-existing health conditions such as diabetes, elevated cholesterol, high blood pressure, and so on. Many of these conditions do not automatically disqualify you from life insurance with Progressive Life Insurance, but may be considered during the application process and could impact your rate.
Do I need to complete a health exam?
No. You’ll answer questions similar to those your doctor would ask during a yearly physical. You may also be asked questions about previous medical exams, testing, and procedures.
Is it okay to own multiple policies—like having another policy through work?
It depends. We don’t allow a single individual to have multiple life insurance policies through Progressive Life Insurance. There are certain situations where you may be allowed to own a Progressive Life Insurance policy in addition to a policy from another provider. Contact us if you have additional questions.
Flexible Policy
What are the benefits of a Flexible policy? Do I need flexibility?
There are many benefits of a Flexible policy compared to a Standard policy, but two of the most impactful benefits are:
- Freedom to adjust your coverage amount—The ability to increase or decrease your coverage amount as your life changes without having to reapply or purchase a new policy.
- Freeze your health status—Once you purchase a Flexible policy your health status and age are “frozen” so that you don’t have to undergo additional medical exams or testing if you want to increase or decrease your coverage.
A Flexible policy may be a good option for women and men aged 18-39 who have not yet experienced life events like getting married, buying a house, or having children.
How do I increase my coverage amount for a Flexible policy?
If you purchased a Flexible policy you are able to increase your coverage amount when you’ve experienced a covered life event. The covered life events are:
- Getting married or entering into a civil union or domestic partnership
- Getting divorced or dissolving a marriage, domestic partnership, or civil union
- Buying a home that you will use as your primary residence
- Adding a child to your family through birth, adoption or marriage
You can increase your coverage amount for each covered life event that occurs within the first 10 years of your Flexible policy. In general, you can increase your coverage amount up to $200,000 per covered life event. However, your policy is written uniquely for you, and may not allow you to take this full increase for every life event. The limitations on your coverage increase amount, if any, will be shown on your policy documents.
You can start the process of increasing your coverage amount online by first accessing your policy online and sending us a request through our portal. No medical testing or updated health information is required to change your coverage amount. You’ll just need to send us the requested documentation related to the life event.
Please note that while you can change your coverage amount, you cannot change the term—that is, the length of time your policy is active.
Can I increase my coverage amount if I don’t experience a covered life event?
If you would like to increase your coverage amount even if you have not experienced a covered life event or want more than the maximum increase amount, you can apply for an underwritten increase. This process will require you to provide updated health information.
Will my premium change if I adjust my coverage amount?
Yes. Your premium is calculated using your rate multiplied by your total coverage amount. So, if you increase or decrease your coverage, your premium will also go up or down, depending on the changes you make.
How do I decrease my coverage amount?
You can request a coverage amount decrease at any time throughout the policy term. There are no limits to the number of times you can decrease your coverage amount. You just can’t decrease your coverage amount below our minimum coverage amount of $50,000.
You can start the process of decreasing your coverage amount online by first accessing your policy online and sending us a request through our portal.
Manage Policy
How do I access my policy documents and details?
You can manage the details and documents of your policy by signing into your account. Login at account.progressivelife.com and select Policy Details.
How do I adjust my beneficiaries?
You can manage the details of your policy by signing into your account. Login at account.progressivelife.com and select Beneficiary Details.
How do I update my billing and payment information?
You can manage the details of your policy by signing into your account. Login at account.progressivelife.com and select Payments.
What happens if I miss a payment?
You have a 30-day grace period to make the payment. After that period, your policy will lapse and you will no longer be insured. Email Progressive Life Insurance for assistance.
How can I cancel my policy?
The first 30 days of your policy is the “free look period” when you can cancel without penalty. If you cancel within the first 30 days your policy will be deemed void from the beginning and any paid premiums will be refunded. All cancellation requests must be made in writing.
To cancel after the “free look period,” request termination in writing and mail or email your request to Progressive Life Insurance. The policy will then be cancelled as of your premium due date of your next billing cycle.
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Term Life Insurance
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Copyright 2022. Progressive Life Insurance Company. All Rights Reserved.
* Progressive Life Insurance’s Flexible policy is a term life policy that allows the insured to request an increase in the coverage amount within the first 10 years of the policy for the following covered life events: marriage, divorce, adding a child to your family through birth, adoption or marriage, or purchasing a home. Coverage amount increases must be between $25,000 and $200,000 (in $1,000 increments), and are subject to overall policy and company limitations. Coverage amount increase requests require proof of the qualifying life event but do not require a new application, medical exams or testing, or a new medical questionnaire. With the health status freeze feature, the new increased coverage amount will be rated at the age and health status of the insured at the time of the initial policy application. Coverage amount decrease are subject to Progressive Life’s minimum coverage amount.
^ Eligibility for Progressive Life Insurance depends on age, health, and additional underwriting factors. The exact policy type, coverage amount, and term length offered will vary.
** The Progressive Life Insurance quote is illustrative and intended to provide general information about life insurance needs, not a personalized assessment of your specific situation. The information provided does not ensure the availability of or eligibility for any specific product or amount of insurance. The quote is based, in part, and dependent upon the accuracy of the information provided and may not be exhaustive of all circumstances and, for this reason, are not guaranteed. The price may change after completing the full application. The recommendations provided should not be considered financial, tax, estate planning, or legal advice. Please consult a professional advisor to address your particular circumstances.
§ Rates based on Progressive Life Insurance rate tables as of 4/12/2021 and are illustrative and intended to provide general rate information. Actual product and policy rates may vary and require completion of an application and are subject to underwriting approval.