Term insurance is designed to be affordable and cover your family's needs for a specific period of time. This is an ideal product for anyone starting a family or looking for individual life coverage at a low cost. Our Flex Term 20 is built to last 20 years and provides higher levels of coverage when your needs are greater. Each family and individual is unique and its insurance needs can be equally different. Our Flex Term 20 plan offers a number of coverage options that allow you to design the coverage that meets YOUR needs.


Flex Term 20 is a low-cost term plan that also offers spouse and child insurance riders.  It is convenient to combine total family coverage into one monthly premium. Obtaining coverage now can avoid so many problems in the future for your loved ones. It will provide the peace of mind in knowing no matter what happens, your family's needs are covered.


convenient coverage

Convenient Coverage

Easily to combine and cover all of your family members coverages into one policy, making it one single monthly premium. Enjoy the simplicity and high coverages for everyone with one payment.

convertible to whole life

Convertible to Whole Life

Convert your Term Life Plan to whole life to have coverage your entire life. We can convert your policy up to age 65. If you chose to stay with your Term Life Plan, it is renewable to age 95.

Low cost

Low Cost 

The cost of a term life insurance policy is very affordable while offering high coverage amounts from $100,000 to $2 million for ages 18-65. Your premiums will also stay level for 20 years.

level coverage

Level Coverage

For 20 years, you'll have level life insurance coverage. If you were to pass away unexpectedly, your coverage would provide several benefits such as paying for burial and final costs, mortgage cost, housing & living expense for children at home as well as schooling costs for a spouse or child.

policy riders available

Policy Riders Available

We know you are unique and offer flexibility when it comes to optional coverages. With our flexible riders, you can combine coverage for all of your family members into one convenient monthly premium.

Find an Agent

Ready to insure your biggest asset?

You insure your home and auto but the most important asset to insure is you and your ability to provide income for your family needs.

Determining the right product and the amount of coverage may seem like a daunting task but with the experience of our local agents in your community, they'll help you find the right coverage.  AFR Life is prepared to help you protect what matters.

Find an AFR agent today and start exploring the coverage options that best fits your needs! 


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Life Insurance CAlculator

Life Insurance Need Calculator
This calculator will help you to decide how much life insurance you need if your survivors invest the life insurance benefits they receive.

Funeral cost, estate taxes, etc. ($):
Amount needed to pay off non-mortgage debt ($):
Amount needed in emergency fund ($):
Amount needed in college fund ($):
Expected average annual living expenses ($):
Expected spouse's average annual income after taxes ($):
Annual Social Security Benefits ($):
Spouse's current age (#):
Value of current liquid assets ($ total of savings, investments, etc.):
Expected survivor's investment strategy:
Life insurance needs:
Get a Quote

Get a quote

We offer a variety of insurance protection at affordable rates. Join the many policyholders who have experienced outstanding service with our company. Your local agent will work with you to find a policy that fits your individual needs.

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Flex Term 20 Frequently Asked Questions

Why Choose AFR Life?



AFR Insurance has been serving Oklahomans since 1905. For over 100 years, we have worked to provide the best in class products and service. We are equipped to handle whatever life throws at you.


24/7, Fast and Fair Claim Service. We are here to help, no matter when trouble strikes. We make it easy to file a claim and help your family adjust after a loss.

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With independent agents in every corner, no one knows life insurance like AFR. We are in your community and a part of your community. Your business stays local.

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Whether you are needing a quote, searching for more information, or checking out our blog and social media, we would love to connect with you! We pride ourselves in being accessible and meeting people where they are, no matter what your needs are! Fill out the form and a trusted customer service representative will be with you shortly. In the meantime, check out our social media and blog or contact your local agent for immediate assistance.

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Insurance terms, definitions and explanations are intended for informational purposes only and do not in any way replace or modify the definitions and information contained in individual insurance contracts, policies or declaration pages, which control coverage determination. Such terms may vary and exclusions may apply. Other discounts may be available on an individual basis. All policies are different and your policy may not qualify for all discounts listed.


AFR Insurance is proud to have earned a Financial Stability Rating of A from Demotech, Inc. The Financial Stability Rating is an indicator of an insurance company's strength. An A rating means AFR has "Exceptional ability to maintain liquidity of invested assets, quality reinsurance, acceptable financial leverage and realistic pricing while simultaneously establishing loss and loss adjustment expense reserves at reasonable levels."

Demotech awards this rating after performing a thorough review of a company's financial statements. This rating is independent of the size of a company due to Demotech's belief that a small, well-run insurer may outperform a larger insurance company.