If you want to provide for your children until they are adults you may ant to consider a 20 year level term life insurance policy. Term life offers the most life insurance for the lowest price.
A 20 year level term life plan would provide coverage and premiums that remain the same each year for the entire 20 year term of your life insurance policy. If you die during the 20 year term, your children would receive the death benefit if they are named as the beneficiary.
You could also choose to buy renewable term that allows you to renew your term life plan at expiration without having to take a physical exam to qualify for another life insurance policy when your term life insurance coverage expires.
Here's how you can learn more about 20 year term life insurance and compare free quotes online today.