Renewing a Term Life Insurance Policy

Thinking of Renewing a Term Life Insurance Policy?

If you already own or are considering purchasing term life insurance, you may be concerned about what your options are, should you decide you would like coverage for a period that is longer than that which you had originally specified.  It’s impossible to predict where life will take you and everyone’s circumstances change; your spouse’s income, a child’s health or even your business arrangements could change dramatically within your insurance term. A time period that you originally felt was adequate for protecting your loved ones or other beneficiaries may no longer be sufficient.

At, we know that everyone’s circumstances change and that’s why, should you purchase term life insurance, you will always have the option of renewing your policy. Once the preliminary guarantee time period has lapsed, you have the choice to renew your policy on a yearly basis.

What’s great, too, is that regardless of whether or not your health status has changed, you can renew your term life insurance without having to undergo an additional medical exam. One thing to keep in mind is that your premiums will increase when your initial policy is finished and can continue to increase each year following.

If you would like to know more about your option to renew, visit us at or contact one of our live, licensed insurance agents for more information or to answer any of your questions.

Find and buy term life insurance from one of the 40 providers we work with, today.