Term life insurance provides coverage for a specific period, such as 10, 20, or 30 years. It is often used when a family needs affordable protection during high-responsibility years.

• Often provides a larger death benefit for a lower initial premium than many permanent policies.
• Common uses include mortgage protection, income replacement, debt protection, and childcare or education planning.
• Coverage usually ends when the term expires unless renewed or converted, depending on policy rules.
• Premiums, eligibility, and available options depend on age, health, coverage amount, and carrier guidelines.