Others allow insurers to cancel policies for any reason during a certain time period, such as 60 days from the policy inception date. (thebalance.com)
The premiums for term life insurance are the lowest amongst all types of insurance policies for this reason. (lifeant.com)
If there is a chance or possibility that your financial situation may change in the short - term, it is not worthwhile to go with a whole life policy for the reasons above. (valuepenguin.com)