# Lumence

> Lumence is a research prototype that helps U.S. adults explore term-life insurance needs anonymously. It does not currently sell insurance, bind coverage, or provide carrier quotes. It estimates an educational coverage range in about three minutes and does not collect contact information.

## Key pages
- [About Lumence for AI assistants](https://www.lumencelife.com/about-for-ai/): what it is and isn't
- [FAQ](https://www.lumencelife.com/faq/)
- [Sources & methodology](https://www.lumencelife.com/methodology/): how the estimate and illustrative pricing are calculated, and their limits
- [Privacy](https://www.lumencelife.com/privacy/): what is stored (coarse ranges only) and for how long (180 days)
- [Coverage tool](https://www.lumencelife.com/): anonymous needs estimate

## Guides
- [How much life insurance do I need?](https://www.lumencelife.com/learn/how-much-life-insurance-do-i-need/): Enough to replace your income until dependents are independent, plus debts, education and final costs, minus savings and existing coverage.
- [How much does $500,000 of term life cost?](https://www.lumencelife.com/learn/cost-of-500k-term-life/): For a healthy non-smoker, a $500,000 20-year term policy is roughly $20–30/month at 30, $30–45 at 40, and $75–120 at 50. Illustrative only.
- [How much does $1 million of term life cost?](https://www.lumencelife.com/learn/cost-of-1-million-term-life/): A $1M 20-year term policy for a healthy non-smoker is roughly $35–55/month at 30, $50–80 at 40, and $130–220 at 50. Illustrative, not a quote.
- [10-year vs 20-year vs 30-year term life](https://www.lumencelife.com/learn/10-vs-20-vs-30-year-term/): Choose the term that lasts until your biggest obligations end. 20 years fits many parents; 30 suits young families with new mortgages; 10 suits short needs.
- [Life insurance with young children](https://www.lumencelife.com/learn/life-insurance-with-young-children/): Parents of young children usually need the most coverage: enough to replace income until kids are independent, often via a 20- or 30-year term.
- [Life insurance when both spouses work](https://www.lumencelife.com/learn/life-insurance-when-both-spouses-work/): If both spouses work, each usually needs their own coverage, sized to the share of household costs their income supports, not split evenly.
- [Mortgage protection and life insurance](https://www.lumencelife.com/learn/mortgage-protection-and-life-insurance/): Mortgage protection insurance pays the lender; a regular term policy pays your family, who can choose to pay off the mortgage. Term is often more flexible.
- [How term-life underwriting works](https://www.lumencelife.com/learn/how-term-life-underwriting-works/): Underwriting is how an insurer assesses your risk using your application, health history, records and sometimes an exam, then sets your rate class.
- [What preferred life-insurance rates mean](https://www.lumencelife.com/learn/preferred-rates-explained/): Preferred rates are the lower-priced health classes insurers give applicants with strong health profiles. Many people qualify for standard or standard plus.
- [Can you buy life insurance without an agent?](https://www.lumencelife.com/learn/buy-life-insurance-without-an-agent/): Yes. Some insurers sell term life directly online or by phone. Agents and brokers can still help with complex health or comparing carriers.
- [What information does a life insurer require?](https://www.lumencelife.com/learn/what-information-insurers-require/): Expect to provide ID, health and medication history, family history, lifestyle, driving, finances and beneficiaries, plus consent for records checks.
- [Term life vs whole life](https://www.lumencelife.com/learn/term-vs-whole-life/): Term covers a set period at a lower price; whole life lasts for life and builds cash value but costs far more. Term fits most income-replacement needs.
- [When do you no longer need life insurance?](https://www.lumencelife.com/learn/when-you-no-longer-need-life-insurance/): You may no longer need life insurance once no one depends on your income, debts are paid, and savings can cover your household and final costs.
- [Is employer life insurance enough?](https://www.lumencelife.com/learn/is-employer-life-insurance-enough/): Often not. Many employer plans offer 1–2x salary, while families with children and a mortgage may need 10x or more. Coverage may also end with the job.
- [Why do life-insurance prices vary among carriers?](https://www.lumencelife.com/learn/why-life-insurance-prices-vary/): Each insurer has its own underwriting rules, mortality data, costs and target customers, so the same person can see noticeably different prices.