Awasome Life Insurance Term Length References. For example, if you’re buying. Web perhaps you've already chosen between permanent and term life insurance based on how long you'll want coverage.
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Your term should last at least until you retire, and should also cover your longest financial obligation (like a child's college costs). You should pick the term length that best lines up with when you'll have dependents and/or big debts. Buying life insurance is a decision unique to you.