Term Life Insurance for How Long?

How long does a term life insurance policy last?

Term life is temporary coverage providing life insurance protection for the "term" of your policy.

You may choose a "term" of 10, 15, 20 or 30 years from most term life companies.

With level term life insurance you have coverage for the term (duration) you choose, and your premiums remain the same each year for the length of your term.

In addition, the amount of life insurance you select will remain level throughout the entire term of your term life policy.

Term life is very popular because it offers the lowest prices on life insurance lasting for 30 years or less.

So, if you are on a budget, need the most life insurance for your money, have a family, own a home, or need to provide protection until the mortgage is paid off or the kids are grown up, term life may offer a good option for life insurance.

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