Protect your family's future without pausing your investment strategy. Term life insurance provides straightforward protection for a set period, making it a simple and affordable way to safeguard you, your family, and your business. Unlike permanent life insurance, which mixes coverage with long-term savings, term life is designed purely for protection. That makes it a more capital-efficient way to stay covered during critical years, while your investments keep working toward your goals.
Build a permanent life insurance plan that fits your needs. Find a UBS Financial Advisor
How term life insurance works
Term life insurance is simple in design, yet flexible enough to adapt to your needs. Here’s how it works:
- Choose a coverage period: Common terms are 10, 15, 20, or 30 years, so you can match protection with your life plans.
- Pay fixed premiums: Your costs remain predictable throughout the term, making it easier to manage your budget.
- Benefit your loved ones: If you pass away during the policy term, your beneficiaries receive a tax-free lump-sum payment (any interest earned may be taxable).
- Convert if needed: Some term policies allow you to convert to permanent life insurance at any point during the term, without new medical underwriting.
- Renew if necessary: You may also have the option to extend your coverage when your term ends.
Your UBS Financial Advisor can help you review term life insurance options tailored to your life and goals.
Types of term insurance
UBS Financial Advisors can help you explore two types of policies, including:
Benefits of term life insurance
With the right strategy, the benefits of term life insurance go beyond simple protection. By aligning the predictable and convertible features of this type of policy with your personal and business goals, it helps you plan with confidence for the people and priorities that matter most.
Here’s what it can mean for you:
- Replace lost income to help sustain your family's lifestyle and secure the goals of the next generation.
- Provide liquidity to cover estate taxes, avoiding the forced sale of a family property or business.
- Equalize inheritances among heirs in a family business or provide for dependents not involved in your business.
- Fund buy-sell agreements or insure key employees to protect your company's stability.
- Designate a charity as a beneficiary to support a cause you care about.
Your UBS Financial Advisor will help you explore how these benefits fit into your broader wealth plan and make sure your coverage supports both your family and your business.
Comparing term and permanent life insurance
Feature | Feature | Term life insurance | Term life insurance | Permanent life insurance | Permanent life insurance |
|---|---|---|---|---|---|
Feature | Coverage period | Term life insurance | A fixed term, e.g. 10, 15, 20, or 30 years. | Permanent life insurance | Your entire life, as long as premiums are paid |
Feature | Premium | Term life insurance | Generally lower, especially when you are younger. | Permanent life insurance | Significantly higher due to lifelong coverage and cash value growth. |
Feature | Cash value | Term life insurance | None. The policy is pure protection. | Permanent life insurance | Build cash value at a guaranteed rate over time, which you can borrow against. |
Feature | Best for | Term life insurance | Covering specific, temporary financial obligations like a mortgage or a child's education. | Permanent life insurance | Lifelong protection, estate planning, or building wealth over the long term. |
How UBS helps you get term life insurance
Start with a conversation
Request a life insurance review with your UBS Financial Advisor. We will get to know your financial picture and what you want to protect.
Schedule a consultation
Meet with your UBS Financial Advisor to discuss your needs. Together, you’ll evaluate whether term life insurance is appropriate and determine the right coverage amount and policy duration.
Receive your custom plan
Your Advisor will guide you through options from leading insurers and recommend the policy that best fits your goals. Once in place, we’ll provide ongoing reviews to help ensure your coverage continues to support your needs.
Key questions to consider when exploring permanent life insurance
Why choose UBS for term life insurance
Here at UBS, we view term insurance as a strategic component of your global wealth plan, not as a standalone product. With the support of our Financial Advisors, our integrated approach leverages a global network of leading insurers and works alongside in-house tax and estate specialists to align your coverage with your objectives. Whatever your needs in protecting yourself and your family’s future, our team stands ready to support you.
Get in touch
Our specialist expertise
Our team works closely with individuals, families, and business owners to offer thoughtful guidance, helping you plan ahead and stay prepared for life’s unexpected moments.
We help you build financial security that protects what matters most today while creating lasting value for future generations.
Our Financial Advisors deliver comprehensive strategies to optimize your portfolio performance and ensure your family's prosperity endures across multiple generations.
We help you create comprehensive employee benefits that attract top talent while supporting your team's financial wellbeing and long-term security.
Our approach embraces client diversity, providing tailored financial solutions and guidance that address each individual's distinct circumstances and objectives.
