You can have a term life insurance policy for as long as you want.

There is a term life plans available for a term of 10, 15, 20 or 30 years and when one term expires you can renew your policy, the only thing is that you don't get cash accumulation inside the policy over time, meaning you cannot take a loan out of a term life policy.

If you have a 20 year term policy for example and you renew your policy when the 20 years ends, you will have an annual renewable term life poli...