Is it possible to extend the period of time my policy provides me with coverage?
Yes, most term life plans offer the option of renewability, which means you may renew your policy for another term, usually up to 10 years.
When you renew your policy you will not have to take a medical exam to prove insurability.
However, your premium will increase based on your age at time of renewal.
Also, you will need to notify your agent and insurer of your plans to renew coverage.
Learn more about extending term life insurance coverage.