Favreau’s New Term Life

By Drax Largo on March 10th, 2014

Jon Favreau is joining the action thriller Term Life, which stars his best bud and Swingers alum Vince Vaughn. Details on Fav’s roles, however, are being kept under wraps at the moment.

Based on the graphic novel by A.J. Lieberman (who also wrote the screenplay) Vaughn will co-star alongside Hailee Steinfeld (True Grit) as a low-life whom everybody – including mob bosses, contract killers and dirty cops — wanted dead. In a rare act of selflessness (and desperation), the man takes out a million-dollar term life insurance policy to benefit his estranged daughter, but soon after, he realizes it doesn’t take effect for 21 days.

Steinfeld will play the daughter of Vaughn’s character.

Vaughn and Favreau’s long-time producing partner, Peter Billingsley (yes, Ralphie from A Christmas Story), is set to direct.

Production is set to get underway very soon.