Yes, there are life insurance plans available that offer temporary life insurance coverage lasting for a period of 5 years.
These plans are usually five year level term policies, meaning you pay the same premium each year for 5 years, and the amount of life insurance provided by your policy remains at the same death benefit amount until your coverage expires.
You may be able to renew your policy for an additional term (5 years) when the initial 5 year term expires.
Learn more about a 5 year term life insurance policy.