The privilege to convert from term to permanent life insurance must be completed before a specific age of the insured as stated in the conversion privileges section of the life insurance policy.
In this instance, a term life insurance policy allows the insured to convert the term policy to a permanent life insurance plan regardless of the insured's physical condition and without a medical examination.
The insured person cannot be denied coverage or charged an additional premium for any health problems.
Learn more about convertible term life insurance.