What Is A 10 Year Level Term Life Insurance? 
The annual premium for 10 year level term is one of the lowest premiums you can pay for life insurance . However , the coverage ends in ten years . There may be benefits written into the policy that will allow you to extend the term of coverage . However , that extension will be expensive . If you need a lot of coverage for ten years or less , and you will not need the coverage after ten years , then the 10 year term policy is your best buy . 