Term life insurance policies typically have a high payout percentage, often close to 100%. This means that in the event of the policyholder's death during the term of the policy, the beneficiaries receive the full face value of the policy. It's important to note that the payout percentage for term life insurance is not a fixed percentage, but rather the full face value of the policy, unless there are specific exclusions or limitations outlined in the policy. This makes term life insurance an attractive option for providing financial protection for loved ones in the event of the policyholder's passing.