Temporary life insurance
Temporary (term) life insurance will cover you and your loved ones for a period of your choice. Depending on your budget, it can extend from 10 to 25 years, but can also be taken for a specific period that suits your needs. With temporary life insurance, you have the option to convert to a permanent (whole) life insurance policy at any time before the insurance expires. It’s an ideal option for people on a limited budget.