Since term life is temporary, you select the "term" or "duration" of your coverage.
The "term" you choose is the length of time you will be insured for life insurance.
Many term life insurance carriers offer term insurance for a term of 10, 15, 20, 25 or 30 years.
If you pass away during the term of your policy, your beneficiary receives the death benefit of your life insurance.
If you are alive when your term policy ends, there is no payout on your life insurance. Learn more about how term life insurance policies work.