It depends on the type of life insurance policy you own.

Most term life insurance policies offer the option of renewability which means you may renew your life insurance coverage for another "term" when your original term life policy ends.

However, the duration of your renewal term may vary by insurer and type of policy.

For instance, some plans may offer yearly renewal, while others may guarantee you a level rate for a period of up to 10 years on your renewal term life policy. 

In addiiton, you ...
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I you own a term life insurance policy and it is about to expire, you may have any one of several options available.

You could choose to do any of the following:

• Let your life insurance coverage expire and go without life insurance if you no longer have a need for coverage.
• Renew your policy for another term, usually up to 10 years, with your renewal premium based on your age at the time you renew your policy.
• Choose to purchase a new life insurance policy from a different life insurance company....

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No, you cannot insure anyone for life insurance.

In order to buy life insurance on another person the insurance company will usually require that you have an insurable interest in the person you want to insure.

Insurable interest means you either rely on the person for some financial support, or that you would suffer a financial loss if the person were to die.

Insurable interest does exist between spouse, adult children and their parents, family members, and business partners, among others.

So, a...
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When you apply for a life insurance policy do they check to see if you smoke marijuana?

Yes, the application will ask if you smoke and what you smoke.

In addition, the blood or urine test you are required to provide a sample for may check to see if there is any THC / Marijuana in your system.

However, people who smoke marijuana can get insured for life insurance with or without a prescription, depending on where you live and the laws in your state, and the insurance company's guidelines.

Here's h...
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