Friday, January 13, 2023

Can You Increase Term Life Insurance Coverage?

If you have questions about your life insurance coverage and how it works, it is usually best to contact your life insurance agent, and/or your life insurance company.

Whether or not your term life insurance coverage can be increased will depend on the wording of your policy.

However, it may be the case that you cannot increase the amount of life insurance coverage provided by your term policy. This is generally the case. But do make sure to contact your insurance agent to inquire about your questions.

You do have the option to apply for a new life insurance policy should you need to increase the amount of life insurance coverage you own.

Learn more about Can you increase term life insurance coverage.

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