Thursday, November 25, 2021

Is Term Insurance Guaranteed Renewable?

Yes, if you have Renewable Term Life Insurance, then your coverage is guaranteed renewable.

You will not have to take a physical exam in order to qualify for your renewal policy.

However, your premium for the renewal coverage will be higher than your current policy, because it will be based on your age at time of renewal.

Learn more about guaranteed renewable term insurance policies.

 

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