The simplest form of protection — done right.
Term life is pure coverage for a defined period. No complexity, no cash value, no ongoing management overhead. Just a guarantee that if something happens to you, the people who depend on you are protected.
Most people either have too little, structured it wrong, or haven't looked at it since they bought it. Stead makes sure yours actually works.
Who needs term life
Founders and early-stage executives
Your company depends on you. Your family depends on your income. Term life covers both exposures cleanly while you're building — before permanent coverage makes financial sense.
Families with dependents
Income replacement, mortgage protection, education funding. The right face amount and structure means your family's financial plan stays intact regardless of what happens to you.
Anyone with a defined financial obligation
A 20-year mortgage, a business loan, a private school commitment. Term life matches the coverage period to the obligation so you're not paying for protection you don't need.
Business partners and shareholders
Key person and buy-sell coverage often starts with term life. Clean, affordable protection that keeps the business running and the ownership transition funded.
What to get right
The face amount and the term length are the two decisions that matter most — and both are more nuanced than most people realize.
Face amount depends on what you're protecting: income replacement is typically 10-15x annual income, but that number changes when you add a mortgage, a business, and education costs. Most people underestimate it.
Term length should match your longest financial obligation. A 30-year mortgage argues for a 30-year term. A founder expecting a liquidity event in seven years might structure differently. The right answer depends on your specific picture — not a generic calculator.
Ownership and beneficiary structure also matters more than most people expect. Personal versus business ownership changes the tax treatment. Primary versus contingent beneficiary structure determines what actually happens at a claim.
How Stead structures it
We run a full needs analysis before recommending anything. Face amount, term length, ownership structure, beneficiary coordination — modeled against your actual financial picture, not a generic formula.
We compare options across carriers with full economics disclosed. For healthy founders and executives in their 30s and 40s, term rates are extremely competitive and carrier selection matters less than structure. For anyone with health history, occupation complexity, or large face amounts, carrier selection matters significantly — and we know where to go.
Your policy and all supporting documents live in your Life Vault after placement. Your beneficiaries can find everything they need without searching through email or filing cabinets.
Your policy lives in your vault
Every term policy Stead places is stored in your Life Vault with the policy document, beneficiary designations, carrier contact information, and renewal date. If something happens to you, your family doesn't have to piece together what you had and where it was. It's already there.
Not sure how much coverage you actually need?
Most people aren't. Book a 20-minute call and we'll work through your situation — face amount, term length, structure, and whether term is the right product for where you are right now.