What is 20 year Term Life Insurance?

A 20 year term life insurance policy is life insurance for a period of 20 years.

Your coverage lasts for twenty years, and if you die during the 20 year period, your beneficiary would receive a death benefit payout from your life insurance policy.

If your 20 year term expires and you are alive, your life insurance coverage ends, unless you renew your policy for another term, at a new premium based on your age at the time of renewal.

Twenty year level term life insurance has level premiums for a period of ten years, and the amount of life insurance provided by your policy remains the same each year for the entire ten year period.

Here's how to compare 20 year term life insurance quotes from leading insurance carriers