life insurance term life

**Term life insurance** is a type of life insurance that provides coverage for a specific period, or "term," such as 10, 20, or 30 years. If the insured person dies during this term, a death benefit is paid to the beneficiaries. It is usually more affordable than permanent life insurance and is ideal for covering temporary needs like mortgages, education costs, or income replacement. If the term ends and the policy isn't renewed, coverage stops.