If you have term insurance you may not know you have the option of converting your term life plan into a permanent life insurance plan.
But, why should you consider this option?
There are several good reasons to convert your coverage, including:
Guaranteed Insurability
Cash value grows inside your policy
Guaranteed level premiums
Guaranteed lifetime life insurance protection
Can access loan from your cash value in your policy
To learn more, read this article on why to convert term life insurance to permanent life insurance?