Yes, there are 20 year term life plans. In fact, term life may offer coverage for a period of 1, 5, 10, 15, 20, 25 or 30 years, depending on your health and your age.
People over 65 may find that a 15 year term is the longest available for someone their age.
Also, with level term life insurance, for a 20 year term your life insurance premiums are level, and the amount of life insurance stays the same for the entire 20 year period. That way, you can count on your guaranteed rate not increasing during the term of your life insurance policy.
Many families, home owners, and young people choose a 20 or 30 year term life insurance policy because it's affordable, offers the most coverage for your money, and provides guaranteed rates for the duration of your term life insurance plan.
Here's how you can learn more about twenty year term life insurance and request your free quote online.