Where can one find an accurate definition of term life insurance?

Term life insurance is a type of life insurance contract that provides coverage for a specified period, usually anywhere from 10 years to 30 years. If the insured dies during the policy term, the death benefit is paid to their beneficiaries. However, if the insured outlives the policy term, the policy expires and there is no payout. Term life insurance is typically less expensive than permanent life insurance because there is no cash value component and the risk for the insurance company is lower because the insured are less likely to die during the policy term.