No, you cannot increase the amount of life insurance provided by your current life insurance policy.

However, if you need more life insurance, you may purchase an additional life insurance policy to increase the overall amount of life insurance coverage you own.

But, you would need to apply for coverage and go through the entire underwriting process as you did when buying your original life insurance plan you currently own.

Learn more about Can you increase term life insurance coverage?
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A life insurance coverage amount is the amount of life insurance protection provided by your life insurance policy.

It is the amount of life insurance stated on the Declarations page (front page) of your life insurance policy.

It is the amount of coverage your life is insured for when you purchase a life insurance policy.

If you (the insured) die, the life insurance company pays out the death benefit (life insurance coverage amount) to the beneficiary of your policy.

Keep in mind, if there is an ...
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If you are considering the purchase of life insurance you may be wondering what life insurance coverage actually means.

Life insurance is a contract between the insurance company and the owner of the life insurance policy.


The owner agrees to pay a certain amount of money to the insurer on a regular basis, and in return for the premium payments, the insurer agrees to pay out a death benefit to the beneficiary of the life insurance policy upon the death of the insured person, subject to the term...
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Temporary life insurance isn't life insurance guaranteed to last your entire lifetime, but rather coverage that lasts for a specified period of tine, usually up to 30 years.

Temporary life is also known as term life insurance.

The "Term" of your policy is the duration of coverage.

Usually, term life plans offer coverage for a period of 10, 15, 20, 25 or 30 years.

The longer your Policy Term, the higher your rate per $1,000 of life insurance coverage.

Temporary life insurance usually costs 5-10 tim...

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A coverage term for life insurance is the duration of time you have life insurance protection under a term life insurance policy.

The "Term" is the period of time your life insurance coverage will last.

Term life insurance policies offer temporary coverage lasting for up to thirty years.

However, you may be able to choose a "Policy Term" of 10, 15, 20, 25 or 30 years of coverage.

If you outlive the duration of your coverage, the life insurance protection expires.

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If you've been denied life insurance, you may be wondering why that happened?

There are many common reasons for being turned down for life insurance, including your age, health, occupation, high risk hobbies, or poor credit history.

However, even if you have been denied life insurance, you may still be able to get insured.

Some insurers specialize in covering high risk applicants, and they may offer guaranteed issue life insurance plans.

Learn more about being denied for life insurance coverage.

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Is it possible to buy life insurance that starts your insurance coverage today?

Yes, several life insurers now offer "Same Day" life insurance plans, which means you can start your coverage the day you apply, if you qualify.

Some insurance carriers offer from $100,000 up to $500,000 of instant coverage; however, one life insurance company offers up to $3 million of life insurance you can start today if you're healthy and qualify for coverage.

The online application process for life insurance usu...

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Yes, there are insurance companies that offer life insurance for newborns ages 14 days and older.

Some of the leading providers of child life insurance include Gerber, Globe Life and Mutual of Omaha, among others.

The cost and amount of coverage may vary by life insurance company.

One life insurer offers plans starting for as little as $2.17 per month with coverage amounts from $5,000 up to $20,000 of life insurance available for infants.

Infant life insurance coverage may build cash value inside...
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The policy limit of a life insurance plan is the amount of coverage provided by the insurance policy.

The policy limit (amount of life insurance) should be stated on the front page of the insurance policy.

When you purchase life insurance you select the limit or amount of life insurance provided by your plan.

The higher the policy limits, the higher your annual premium (cost) of coverage.

The limits of life insurance available by an insurer will depend on your age and health, and the insurance ca...
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The need for term life coverage applies equally to income-earning spouses, and there are strong arguments for acquiring life insurance for a partner or spouse who is not drawing an income, as well.

For instance, losing a stay-at-home spouse can lead to dramatically increased child-care costs, time away from work for the surviving spouse, final expenses, the settling of outstanding debts, and these are just a few of the financial aspects of such a serious loss as the death of ...

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The lowest priced life insurance available for you will depend on the type of life insurance and which insurance carriers you use to compare life insurance rates.

One way to find the cheapest coverage is to consider term life insurance which is temporary life insurance for a period of up to 30 years. Most plans offer coverage for 10, 15, 20 or 30 years. The shorter the duration of your term life coverage, the cheaper your life insurance.

In addition, by comparing multiple term life insurance qu...
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What does life insurance cost for someone who smokes?

Life insurance for a smoker will cost between 2 to 3 times more than it does for a No-smoker for most medically underwritten life insurance policies.

If you are purchasing a No Exam life insurance plan (especially if a small, permanent, final expense life insurance policy), the rates for smokers may be only slightly higher than for non smokers.

Someone who uses tobacco other than cigarettes, for example, chewing tobacco, daily cigars, or ni...
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Coverage length for a life insurance policy means the length of time that your life insurance policy will stay In effect - how long you will have the life insurance coverage. 

Usually, the coverage length of a life insurance policy is referring to how long the policy will stay in effect at a level premium (level meaning the premium is guaranteed not to go up).

The life insurance coverage length assumes that premium payments are made on time and if a policy loan is taken from t...

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