Term life is temporary life insurance lasting for a set period of time, usually up to 30 years.
However, you may be able to select coverage for a term of 10, 15, 20, 25, or 30 years, depending on your age and health.
With term life your premium is based on the type of term insurance policy, the amount of life insurance, and the duration of your policy "term".
In addition, several personal risk factors are taken into account in determining your rate per $1,000 of life insurance coverage, including your age, gender, lifestyle, tobacco use, occupation, hobbies, health, family health history, driving record, height-to-weight ratio, etc.
Each of these factors may impact your life expectancy - how long you are expected to live.
Here's how you can learn more about term life insurance pricing and compare the lowest prices from several leading life insurers.