Term Life Insurance Advice

I need advice about term life insurance and how it works.

Term life insurance is short term coverage that lasts up to 30 years.

It's the cheapest type of life insurance because it is temporary and provides pure life insurance protection, there's no investment feature, and it does not build up any cash value inside the policy.

Term life offers coverage for a term of 10, 15, 20, 25 or 30 years. You select the period of time that meets your life insurance needs.

Term life is good for people with temporary life insurance needs; such as, young families who want life insurance until the kids are grown and on their own, or until the home mortgage loan is paid off.

Term life offers the option of renewing coverage for another term, usually 10 years, when your first term life insurance policy expires.

Some term life insurance policies offer you the option of converting your term policy into a permanent life insurance plan if your needs change over time.

Here's some more helpful term life insurance advice to better understand how term life insurance works.