The policy is in effect for as long as the owners or their heirs own the property. (rismedia.com)
Another thing to keep in mind when shopping for term life insurance is that the policy is in effect for only a specified period of time — known of course as the term. (usacoverage.com)
This type of coverage is exactly what it sounds like — permanent; the policy is in effect until you pass away. (jrcinsurancegroup.com)