Term life insurance is a life insurance policy with a definite period of time. At the end of term the life insurance policy ends. Term life insurance is a good type of plan if you are young and healthy and are looking for a plan that protects your beneficiaries in case of death.

Term life insurance is simple to understand, and allows for personal choice. You pay a (low) monthly premium based on the term length and amount of coverage you choose. You can choose term lengths such as 10, 20 or 30 years, and coverage amounts anywhere from $100,000 to several million dollars

Term life insurance is the least expensive of all types of life insurance – which means it is also probably the most popular type of insurance you can buy. This type of life insurance is the least expensive. Luckily, there are a large number of different companies out there that are willing to do the research for you to some degree.