Term life insurance is pure life insurance protection , and it's a lot cheaper than permanent life insurance.
Depending on what your actual goal is, with proper financial planning, your life insurance need in most cases should only be temporary, since you can save money to pay for your final expenses.
Term life insurance provides temporary life insurance for a specific period of time.
Term life insurance does not build cash value inside the policy, it is only life insurance.
You can usually choose coverage for a period from 1-30 years. Many term life plans offer life insurance for 10, 15, 20 or 30 years, or until you reach age 65 or 70.
Many people choose term life insurance to protect their home, family, growing children, or to provide the most life insurance protection at the lowest cost, for a period of up to 30 years.
Learn more about how term life insurance works and compare term life plans and rates online.