Usually, term life insurance plans are available for a duration of up to 30 years.

Many insurers offer term life plans for a period of 10, 15, 20, 25 or 30 years of protection.

However, the maximum duration of term insurance may be limited based on your current age.

For example, a 70 year old may be able to get up to 15 years of term life coverage; whereas, a 30 year old may purchase up to 30 years of term insurance.

Learn more about how long term life insurance is good for.

Yes, term insurance is a good idea if you need life insurance to last for a period of thirty years or less.

Term life insurance provides the most affordable life insurance coverage lasting for 30 years or less.

You may choose a policy term of 10, 15, 20, 25 or 30 years to meet your specific needs.

The shorter your policy duration (term), the lower your cost per $1,000 of life insurance.

If you die during your policy term, the death benefit is paid out to your beneficiary.

If you outlive the policy...