Term life insurance offers coverage for a specific period of time (term), this commonly ranges from 10 years up to 30 years.
Some life insurance carriers offer term insurance coverage for durations of 5, 10, 15, 20, or 30 years.
If you outlive the duration of your policy term, your life insurance coverage ends, and there is no payout of a death benefit on your policy.
Here's how to learn more about how term insurance policies works.