Term life insurance is temporary life insurance protection for a set period of time.
Term life insurance may offer you protection for 1–30 years. Many term life plans provide term life insurance for a period of 10, 15, 20, or 30 years.
You want to consider how long you really need term life insurance before choosing your term.
Also, consider adding the option of renewability to your plan. This will cost you more, but it allows you to renew your term life insurance policy for another term when your current term life insurance expires.
Many people choose a 20 or 30 years term life plan to provide protection for their family until the children are grown, and the home mortgage is paid off.