Life insurance has been around for centuries in one form or another. I think the modern version as we see it today has been around for the last 200+ years or so in the U.S.
As to when term life insurance specifically was first created, I wouldn’t be able to tell you or provide a general range. Just take comfort in the fact that it’s a concept that’s been around for ages.
I hope the information is helpful – please feel free to contact me for help with your coverage and if you have any other questions. Thanks very much.