Looking for a life insurance plan that is flexible and can be adjusted to fit your circumstances? The Level Term is the right option for you. With an EZ application that has only a few medical questions, you'll have a plan offering longer term coverage than other products.


Our Level Term product is designed for shorter terms and lower amount coverage need. With coverage terms of 5 & 10 years and coverage amounts for $25,000 to $50,000, this product is ideal to use as collateral to pay off a smaller loan, such as a car or truck loan. 


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 60. 

mid-range premium

Mid-range Premium

The cost of a level term life insurance policy is mid-range premium while offering coverage amounts from $25,000-$50,000 for ages 18-60. 

Loan Collateral Coverage

Loan Collateral Coverage

The product can be used in place of credit life or as collateral for a loan such as an auto loan. It is very competitive with Credit Life policies.

Policy Riders Available

Policy Riders Available

We know you are unique and offer flexibility when it comes to optional coverages. We offer child coverages as well as an Accidental Death Benefit and a Disability Waiver Benefit.

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! 


Find An Agent

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.


Get A Quote


Level Term 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.

File A Claim 



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.

Connect with Us

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.

Connect With Us!



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.