Can you extend your term life insurance coverage?
Yes, it's called renewable term life insurance, which allows you to renew your current policy for a period of up to 10 years.
However, if you choose to renew your coverage, your renewal term life policy will cost more. The new premium will be based on your age at time of renewal.
But, you will not be required to take a medical exam to qualify for the real policy.
Lear more about how an extension for term life insurance works.
No comments:
Post a Comment