How Long is the Term for Term Life Insurance?
If you buy term life insurance how long does the life insurance protection last?
The "term" you select will determine how long you have coverage.
Usually, term life is offered for a term of 5, 10, 15, 20, 25 or 30 years.
So, if you choose a 15 year term life policy, you have life insurance that will last for fifteen years.
If you still need life insurance at the end of your original term, you may renew your policy for another term usually of up to 10 years, with a new premium based on your age at the time you renew your coverage.
Compare term life rates from multiple life insurance carriers.