Nick Barrow plans and sells heists to the highest bidder but is forced to take his daughter Cate, who he hasn't had a relationship with her whole life, on the lam when a job goes bad.
With the aid of an elderly man Harper, he gets the inside scoop and comes to the conclusion that it was an undercover officer Captain Keenan who is out to kill Nick.
In the meantime, Nick and Cate bond and she asks how he does his heists: "learn how to get out before you get in, evaluate the security of a location, whether they have CCTV or the owner is the one that responds, and always make sure to have a workable exit plan."
Cate was initially irritated that her father knows so much about her and has taken pictures of her throughout her life and has kept it in a box but she also enjoys the birthday gift he gets for her, taking her to the carnival and teaching her how to shoot.
In the meantime, Nick gets arrested by the local sheriff responding to an APB and the Spanish mob springs him out of jail to kill him but Cate comes to the rescue.
[15] Noel Murray of the Los Angeles Times wrote: "Term Life is cleanly plotted and tautly paced, but it's never as fun as it should be.