Friday, November 5, 2021

Term Life insurance Time Period

How long does a term life insurance policy last?

The duration of a term life policy will depend on the "Policy Term" you select when you purchase your coverage.

Usually, term life lasts up to 30 years; however, you may be able to select a policy term of 10, 15, 20, 25 or 30 years, depending on your age and health.

The policy term should be in line with your need for coverage to meet your goal of what you want your life insurance policy to accomplish; such as, a 30 year term policy to protect your 30 year home mortgage loan.

Learn more about a time period for term life insurance coverage.

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