Renewable Term Life Insurance

What is Renewable Term Life Insurance?

Renewable Life Insurance comes in two basic forms – Annual Renewable and Convertible Term.

Annual Renewable Life Insurance automatically renews your life insurance policy at the end of each one-year term period. Usually your life insurance premiums will increase each year.

Convertible Term Insurance allows you to convert your term life insurance policy to a whole life insurance policy. There is usually no additional underwriting required, so you shouldn’t have to take a medical exam in order to qualify for coverage.

Top Pick - InsureMe
You will be asked to fill out a form which takes about a minute, then you will receive the five lowest quotes for term life insurance from more than 77 top-rated insurance companies.