Affordable Term Life Insurance with Level Premium Periods and an Attractive Conversion Option
PL Promise Term
Key Features
Affordable Death Benefit Protection
- Tax-free¹ death benefit protection with fixed premiums from 10 to 30 years—plus the unique choice of a 25-year term length
- Competitive pricing across all combinations of terms, risk classes, genders, and issue ages
- Low $50,000 minimum death benefit and the option for monthly premiums
Attractive Conversion Option
- Convertible to PL Promise Conversion UL at any time during level premium period up to age 70
- No additional underwriting approval required
- Upon conversion, your clients receive an equivalent risk class
Convenient, Seamless Underwriting
- Pacific Accelerated Life+ (PAL+)—clients’ applications are intelligently routed for the least invasive underwriting method possible
- Accelerated underwriting process offers up to $3M in life insurance coverage with no medical exams,² ages 18-60
Optional Benefits
To enhance the protection and flexibility of the policy, we offer the Accelerated Death Benefit Rider, Children’s Level Term Insurance Rider, and Waiver of Premium Rider³
PL Promise Term Delivers More than Basic Term Coverage
Why Choose Pacific Life
The company you choose matters. At Pacific Life, putting customers first has allowed us to serve families and businesses successfully for nearly 160 years. As part of a mutual holding company structure, we have no publicly-traded stock, so we can focus on long-term strategies, financial strength, and the best interest of our policyowners.
People
Supporting you and your clients with dedicated, exceptional service is our team’s focus. Your clients become our policyowners, and because we are a mutual holding company we answer to them—not shareholders.
Products
Clients often need more than just death benefit protection. Our competitive and flexible life insurance products help meet other important financial goals.
Processes
Applications don't have to be complicated! Simply apply and let us do the rest with our streamlined underwriting and all-digital process.
Conversation Starters
The Pacific Life Experience Client Brochure
The Pacific Life Difference Client Flyer
Financial Strength Ratings
as of March 2026
2nd highest of 16 ratings
4th highest of 21 ratings
4th highest of 21 ratings
4th highest of 21 ratings
For current ratings information refer to PacificLife.com
Not yet contracted with Pacific Life, have a question, or want to learn more about PL Promise life insurance products?
Reach out to your Broker General Agency (BGA) or contact us directly at:
PL Promise Sales Desk
(888) 900-9777
LynInternalSales@PacificLife.com
For contracted BGAs and producers, access Producer Bay (login required).
The primary purpose of life insurance is to provide death benefit protection in the event of the insured’s death.
Pacific Life, its affiliates, their distributors and respective representatives do not provide tax, accounting or legal advice. Any taxpayer should seek advice based on the taxpayer’s particular circumstances from an independent tax advisor or attorney.
¹For federal income tax purposes, life insurance death benefits generally pay income tax-free to beneficiaries pursuant to IRC Sec. 101(a)(1). In certain situations, however, life insurance death benefits may be partially or wholly taxable. Situations include, but are not limited to: the transfer of a life insurance policy for valuable consideration unless the transfer qualifies for an exception under IRC Sec. 101(a)(2)(i.e. the transfer-for-value rule); arrangements that lack an insurable interest based on state law; and an employer-owned policy unless the policy qualifies for an exception under IRC Sec. 101(j).
²The issuance of the policy may depend upon answers to the health questions contained in the application.
³Riders will likely incur additional charges and are subject to availability, restrictions, and limitations. When considering a rider, request a policy quote to see the impact on the policy’s values. Accelerated Death Benefit Rider (Form #R16LYTIR), Children’s Level Term Insurance Rider (Form #R18LYCT), and Waiver of Premium Rider (Form #R16LYPW).
Insurance products and their guarantees, including optional benefits and any crediting rates, are backed by the financial strength and claims-paying ability of the issuing insurance company. Look to the strength of the life insurance company with regard to such guarantees as these guarantees are not backed by the broker/dealer, insurance agency, or their affiliates from which products are purchased. Neither these entities nor their representatives make any representation or assurance regarding the claims-paying ability of the life insurance company.