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 may not be required to take any health exam to qualify for your renewal life insurance policy.
Make sure you find out how long your renewal policy will guarantee you coverage, and how long your annual premium is guaranteed to remain the same before renewing your policy.
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renewable term life insurance
