Level term Insurance is life insurance protection that lasts for a specific number of years, usually from 10-30 years. With level term you choose the amount of coverage and length of your term, and your premiums and death benefit remain the same for the entire duration of your coverage. It's the most affordable life insurance providing protection for a period of 30 years to less. Level term policies offers coverage for a term of 10, 15, 20, 25 or 30 years, providing you affordable, flexible life insurance protection for your family.