Term life usually offers coverage for a "term" of 5, 10, 15, 20, 25 or 30 years which you choose when selecting your coverage.
You'll want to match the "term" of your policy with the length of time you have a need for life insurance.
If you die during the term of your policy, your beneficiary will receive the death benefit from your life insurance.
If you outlive the term of your policy, the life insurance coverage will end.
You may choose to renew your term life plan for another term when your original coverage ends.
Term life offers the lowest prices for life insurance for a period of 30 years or less.
Many people with families, on a budget, or in need of short term coverage for 30 years or less choose to purchase term life insurance because it's easy-to-understand and offers the most affordable coverage.
Learn how to get affordable term life insurance protection