Whole life insurance policies are used to keep coverage in force for a long period of time. (term-life-online.com)
This means that you could essentially have your life insurance coverage in force within just a few days of applying — and in some instances, even the very same day. (lifeinsuranceunited.com)
With a «guaranteed renewable» policy the insured has the obligation to keep coverage in force if premiums are paid on time. (insuranceandestates.com)