Can I Have Multiple Term Life Insurance Policies? 
Yes , you can have multiple term policies . In fact , sometimes we will use multiple term polices in a clients strategy . For example , Let 's say you want $ 500k while the children are living at home . And after they move out , you only want $ 300k for about 20 years after . So if your kids move out in say 10 years , you might get a 10 year term policy for $ 200k and a 30 year term policy for $ 300k . This gives you $ 500k while the kids are home and then drops to $ 300k for an additional 20 years after they are out . And remember , there is a policy fee which you pay , which is built into the premium . Some companies will way multiple fees when you use a strategy like this , or as it is referred to sometimes , a layering strategy . If you would like to see any example of this might look like for you , feel free to reach out to me . 