A level term life insurance plan provides term life protection and offers guaranteed level rates and coverage that stay the same the entire time throughout the life of your term life insurance policy for up to 30 years.
Most term life policies provide coverage for a period of 10, 15, 20 or 30 years.
A 20 year level term life insurance plan means you have life insurance with a death benefit that remains the same the entire 10 years, and your life insurance premium will remain level throughout the 10 year term of your policy.
If you pass away during the 10 year term, your death benefit will be paid to your beneficiary. If you outlive the 10 year term, your life insurance coverage will expire.
Here's how you can learn more and request a free quote for 10 year level term life insurance.