When planning your financial future and protecting your loved ones, term life insurance is often the first and most affordable choice. But what exactly is term life insurance, and why do so many individuals and families choose it?What Is Term Life Insurance?Term life insurance is a type of life insurance policy that provides coverage for a specific period, or “term” – such as 10, 20, or 30 years. If the policyholder passes away within the term, their beneficiaries receive a tax-free death ben...