Convertible Term Life Insurance QuotesConvertible Term Insurance offers you the option to convert your term insurance policy into any of the other types of life insurance policies offered by your life insurance company. For example, if you buy a 20 year term life insurance policy with an option to convert the policy to a permanent life insurance plan by a specific date in the future, you may be able to convert your term life coverage to lifetime coverage. Convertibility can be an advantage to you if your life insurance needs change over time, as they do for many people. The convertibility option usually does not require you to prove insurability (take a medical examination) to qualify for the new coverage. This creates a greater risk for your life insurance company, so the new coverage usually costs more than Annual Renewable Term Life Insurance. Top Pick - Efinancial Insurance without any Medical Exam, Just a Few Health Questions. 
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