A renewable term policy is a type of term life insurance plan that offers you the option to renew your coverage when your life insurance policy ends.

Term life insurance is temporary life insurance lasting up to 30 years, usually,

However, you may purchase 10, 15, 20, 25, or 30 years of life insurance coverage with a term policy.

These plans offer you the chance to continue your coverage (Renew The Policy) for a period of from one to 10 years, usually.

You will not have to take a medical exam to prove insurability for your renewal policy.

However, your new premium for the renewal policy will usually be higher than the premium you paid for your expiring term life insurance since you are older than when you bought your original term policy.

Here's how to learn more about what is a renewable term policy.