Term life insurance is a type of life insurance policy that provides you with temporary coverage lasting for a set number of years.

Here are some of the most common features and benefits of a term life insurance policy:

1. You may be able to choose a policy term lasting for a duration of 10, 15, 20, 25 or 30 years.

2. Level term life provides you with a coverage amount that never decreases during the life of your coverage term.

3. Level term life provides you with premiums that never increase dur...

There are several features that are common to most term life insurance policies.

The features of a term life insurance policy may include the following:

• Term options of 1 to 30 years, usually 10, 15, 20,or 30 year term policies are available.
  
• Level or decreasing premiums available depending on the type of term life plan.
  
• Level or decreasing life insurance coverage amount depending on the type of term life plan.
  
• Some term life insurance policies offer a return of premium if you ...