In fact, some insurers may offer options of 10, 15, 20 or even 30 years of term life coverage to people over 50.
The availability of coverage will depend on your age, health and the insurer's guidelines for approval.
If you have any health problems, there's even no exam coverage and guaranteed issue life insurance policies available.
You can compare term life rates online from several carriers at once by requesting a free life insurance quote comparison.
Make sure you select the right amount of coverage and the right "term" for your policy so you are insured long enough to meet your life insurance needs.
Keep in mind, if you outlive the duration of your term life policy, your life insurance policy expires with no payout.
Learn more about term life insurance for people over 50 years old.