Affordable Life Insurance Protection for Your Family

Term Life Insurance Year - 10, 20 or 30

Choosing a Duration for Term Life Insurance Coverage


How Many Years Do You Need Term Insurance?


If you’re shopping for a term life plan, this is one of the most important questions you will need to consider before you purchase a policy.


Term Based on Specific Need


You’ll want to select a policy term that fits your specific need for life insurance.


So, determine why you need life insurance and what you want your life insurance to protect,.


Then, consider how many years you will need life insurance protection in order to accomplish your goal.

Common Reasons for Buying Life Insurance


  • To Replace Income
  • To Pay off Mortgage
  • To Pay Off Credit Card Debt
  • To Pay for Child’s College Education
  • To Provide for Spouse’s Retirement




Mortgage Protection


Now, if you need term insurance to pay off your mortgage, and you have a 30 year mortgage, you would want to select a 30 year Term Life Policy.


Pay for College


If you want to pay for your child’s college education, and your child is 3 year old, you would need a 20 year term policy, which would stay in effect until your child has graduated college.


Options for a Policy Term


Most life insurance carriers offer several different "Terms" for term life insurance policy, including the following:


  • 10 Year Term
  • 15 Year Term
  • 20 Year Term
  • 25 Year Term
  • 30 Year Term


The maximum duration for a term policy may be limited based on your current age and health.


For Example: People over 70 may be limited to a maximum term duration of 15 years.


Whereas, a 30 year old would be able to choose up to 30 years of term coverage.


IMPORTANT: You may want to consider purchasing more than one term policy. That way you can save money on your premium payments.


You can buy one term policy for a specific need (mortgage), and a second term policy for a different need (college education) and you would pay less overall in premiums, because you aren’t paying the higher premiums for the longer term policy at the total amount of life insurance you need to protect all of your goals you want your life insurance plan to accomplish.


Term Life Insurance Quotes


Top Pick – JRC Insurance Group

JRC Insurance Group helps you shop, compare and save on life insurance. Regardless of your age or health background, we'll shop our 40+ insurance companies and find you affordable life insurance you need to protect your family and fit your budget. Compare the best life insurance rates for savings up to 73%. Get Your FREE Quote.


Term Life Insurance Year 10 20 or 30

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