Most term life plans offer coverage for a duration of thirty years or less.
You may be able to choose a policy duration of 10, 15, 20, 25 or 30 years, depending on your age and health.
If you pass away during the policy term, while your life insurance coverage is In Force, the death benefit is paid out to the beneficiary of your term life insurance policy.
If you are alive when the policy term ends, there is no payout and your coverage expires.