Term life
at a glance
Term life at a glance
No medical exam
for many applicants age 60 and under
Fast decisions
often in minutes, sometimes 24–48 hours
Coverage
from $100,000
Terms
10, 15, 20, 25, 30, 35 or 40 years
in partnership with
Life insurance that's simple, fast, and often cheaper than you think.
Many healthy adults can protect their family for under $30 a month.*
- Applying is free
- No pressure
- Your health answers go only to the insurer
A note from CMG Home Loans
We've partnered with Essential Life so our clients have a simple, optional way to look at personal life insurance. Essential Life is a licensed agency and handles your application directly with the insurance company.
Life insurance isn't required to get a loan with CMG Home Loans, and applying won't affect your loan.
Most people overestimate what life insurance costs.
3 in 4 people overestimate the price.
“Too expensive” is the top reason people give for not buying.
4 in 10 say they need more coverage.
LIMRA & Life Happens, 2026 Insurance Barometer Study.
Free, takes about two minutes, private and secure.
Your guess
~$100/mo
or ~$1,200 per year
What it actually costs
Under $20/mo
often, for a healthy 30-year-old
$250,000 of 20-year term, 30-year-old male, non-tobacco, Preferred health class. Illustrative only. Not a quote.
Why Essential Life
A licensed independent agency, not a call center. If you have a question while applying, a real person is available. No pressure, no obligation.
How it works
Answer a few questions
Usually takes minutes.
Answer health questions
Many applicants don’t need a medical exam.
Get your decision
Often in minutes. Coverage begins once you’re approved and the policy is issued.
Approval isn’t guaranteed.
“I'd been putting this off for three years because I dreaded the sales call. This was nothing like that. I finally understand what I have.”
Common questions
Will CMG Home Loans see my application?
No. CMG Home Loans doesn't see your health answers or your application. Essential Life, a licensed agency, handles them directly with the insurance company. We may let CMG Home Loans know that an application was submitted through this page.
Does CMG Home Loans get paid for this?
Yes. Essential Life pays CMG Home Loans a flat referral fee when an application is submitted through this page. It doesn't change your price. The insurance company sets rates, not the person who referred you.
What's the catch?
There isn't one. Applying is free, you're never obligated to buy, and this page doesn't expire. Your premium and coverage are set through underwriting and aren't guaranteed until a policy is issued. Life insurance isn't required to get a loan with CMG Home Loans, and applying won't affect your loan.
Do I need a medical exam?
Many applicants don't. If you're 60 or under and qualify for the carrier's accelerated process, you can typically apply without an exam or lab work. Accelerated applicants pay the same rate as those who take an exam.
How long does a decision take?
Many applicants hear back in minutes. Some take 24–48 hours.
How long does coverage last?
Term coverage lasts for the period you choose, from 10 to 40 years. When the term ends, coverage ends unless the policy offers renewal or conversion. You own the policy individually. It isn't tied to an employer.
Can I get help while applying?
Yes. A licensed agent is available by phone at (470) 238-6154, at no cost.
Want to go deeper? Read our guide to term life insurance