It's a type of life insurance plan providing temporary coverage lasting for a duration of twenty years.

Term or temporary life insurance offers the most affordable life insurance protection for people who have a need for coverage lasting for a specific period of time, usually 30 years or less.

Term life offers different policy terms, including 10, 15, 20, 25 or 30 years.

If you pass away during the policy term, while your coverage is "In Force", the death benefit is paid pout to your beneficiary...