When it comes to term life insurance there are several different lengths of "term" you can choose for your life insurance policy.
Since term life is short term or temporary life insurance, it expires after a certain period of time.
The "term" or "duration" of your policy may be for a period of 1, 5, 10, 15, 20, 25 or 30 years.
The most common terms are 10, 15, 20 or 30 years for term life insurance.
If you have a need for life insurance that will last for a period of 30 years or less, then a term life policy will provide you with the lowest cost option for life insurance protection.
Learn more about how a term life insurance policy works
Since term life is short term or temporary life insurance, it expires after a certain period of time.
The "term" or "duration" of your policy may be for a period of 1, 5, 10, 15, 20, 25 or 30 years.
The most common terms are 10, 15, 20 or 30 years for term life insurance.
If you have a need for life insurance that will last for a period of 30 years or less, then a term life policy will provide you with the lowest cost option for life insurance protection.
Learn more about how a term life insurance policy works
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