SBLI offers Guaranteed Level Premium Term Life Insurance policies for 10, 15, 20, 25 or 30 year periods. As a general rule, if you are younger, you will probably want to choose a longer term. If you are closer to retirement, a shorter term may be more appropriate.
The main goal when choosing a life insurance policy period is to protect your loved ones if an unexpected death occurs. People also buy life insurance to cover final expenses, such as burial expenses and estate taxes. A licensed representative from SBLI can discuss the different options with you, to help you decide the amount of coverage and term length that is right for you.