1. Your premiums will go up if you renew your term life insurance policy. If you are approaching the end of your term life policy and you want to keep your insurance going, then you will need to pay higher premiums to renew your policy for another term, usually of 10 years.
2. You can apply for a new life insurance policy. If you are healthy at the end of your term life insurance policy but you want to continue your coverage, you can apply for a new policy.
3. Change your coverage to a new policy. At the end of your term life insurance your circumstances may have changed, and if you only wanted life insurance for as long as you were repaying a mortgage, or your children were studying, you can change or discontinue your life insurance coverage when those circumstances are no longer relevant.
4. Convert to a permanent life insurance policy. You should look for a term policy which comes with a conversion privilege as this will allow you to trade in your old term life insurance policy for a permanent policy.
Here's how to learn more about term life insurance coverage