Term life insurance is temporary life insurance for a certain period of time.
How long does term life insurance last?
Usually, you can choose a term for term life insurance with coverage that will last for a period of 10, 15, 20 or 30 years.
Does term life insurance end?
Yes, if you outlive the duration or term of your term life policy, your life insurance coverage expires.
Can I renew term life insurance?
Yes, you may have the option of renewing your term life policy for another term (1, 5 or 10 years usually), when the original policy expires.
Can I convert my term policy to permanent life insurance?
Yes, you may have the option of converting your term life insurance into a permanent life insurance policy by a specific date listed on your term policy.
Here are answers to more questions about term life insurance.