Term life insurance is a type of insurance that provides coverage for a set period of time, typically 10, 20, or 30 years. If the insured person dies during the term, the policy pays out a death benefit to the beneficiaries.

Term life insurance is generally less expensive than other types of life insurance, such as whole life or universal life, because it does not build up cash value over time. As a result, it can be a good option for people who are looking for affordable life insurance coverage.

Term life insurance can be used to help cover expenses such as mortgage payments, child care costs, and outstanding debts. It can also provide peace of mind in knowing that your loved ones will be taken care of financially if something happens to you.

If you are considering purchasing life insurance, talk to an agent about your options and find the policy that best meets your needs.