What Is A 10 Year Level Term Life Insurance? 
Ten Year level Term Life Insurance is life insurance that will not go up in price for 10 years . It may have the option to be extended beyond that time , but the premium will be much higher when the 10 year term is complete . It does not have any cash value . Some 10 year level Term can be converted to a permanent policy with out evidence of insurability -LRB- no health questions asked -RRB- for some or all of the 10 years . 