Term Life Insurance

What is Term Life Insurance?

Term life insurance provides financial protection for your family and loved ones if you pass away during the policy term. It’s straightforward: you choose a coverage amount and a term length (typically 10, 20, or 30 years). If you die within that term, your beneficiaries receive the death benefit.

Why It’s Important?

Life insurance isn’t about you — it’s about the people who depend on you. Term life ensures your family is protected from:

  • Lost income after your passing

  • Outstanding debts (mortgage, loans, credit cards)

  • Future expenses like college tuition

  • Everyday living costs that don’t stop when you do

For high-risk individuals, employer-provided coverage is rarely enough, and traditional carriers often limit or deny access. WAIN provides options where others don’t.

Suggested Coverage Limits

Industry standard recommends 10–15 times your annual income for life insurance coverage.

  • Example: If you earn $100,000 per year, you may want $1–1.5 million in coverage.

  • Coverage should also factor in debts, dependents, and future goals.

(Disclaimer: Actual eligibility and limits may vary based on underwriting.)

Cost Summary

Term life is generally the most affordable form of life insurance. Costs vary by age, health, occupation, and coverage amount.

  • A healthy 30-year-old may pay $25–$35/month for $500,000 of coverage.

  • Higher-risk individuals (athletes, construction workers, divers, pilots, etc.) may see higher rates, but WAIN specializes in securing policies where traditional carriers hesitate.

How WAIN Helps

Access to specialty carriers that provide coverage for high-risk and high-income individuals.

  • Guidance on coverage amounts that match your income, debts, and family needs.

  • An AI-powered pre-underwriting process that shortens the application and reduces back-and-forth with carriers.

Supplemental policies that fill the gaps left by employer or union-provided coverage.

“When I struggled to find coverage in a high-risk career, I realized how many families were left unprotected. At WAIN, we make sure everyone — especially those in high-risk industries — can secure the protection their loved ones deserve.”

-Darwin Pichardo, Broker/Founder