Term life insurance policies typically have a specific duration, or term, during which the policy is in effect. The duration of term life insurance can vary depending on the policy and the preferences of the policyholder. Common term lengths for term life insurance policies are 10, 20, or 30 years. During the term of the policy, the insured person is covered by the policy and their beneficiaries would receive a death benefit if the insured person were to pass away. It's important to note that term life insurance policies do not accumulate cash value like some other types of life insurance policies. Once the term of the policy ends, the coverage typically terminates unless the policyholder chooses to renew or convert the policy. Renewal options and conversion privileges may vary depending on the specific policy and insurance provider. It's recommended to review the terms and conditions of the policy and consult with an insurance professional to fully understand the duration and options available for term life insurance policies.