Does Term Life Insurance Mature? 
That is a great question ! Term life insurance policies are very simple things . They provide protection that begins the day that the policy is approved and issued , and lasts exactly as long as the policy specifies . There is no maturity point , as the coverage is full from start to finish . And that is the thing to be aware of with term policies - they will most often end before you do . There is no returnable cash or value , and no more coverage after the specified day the term period ends . Be aware that extending that coverage becomes very expensive very quickly . Please discuss your need for insurance with an independent agent so they can best steer you to the policy that will work best for you . Thank you for asking ! 