A: A good number of companies offering «whole life» insurance on TV and via mail are actually selling a form of term life insurance with coverage
expiring at a specific age.
However, your policy's conversion option usually
expires at a specific age, or when your term ends, so it's important to review your policy each year
Not exact matches
Many traditional life insurance policies
expire after a certain number of years, or
at a
specific age.
It
expires at a certain
age or a
specific date.
GUL policies allow you to set a
specific age that the policy will
expire at — i.e.
age 90, 95, 100, and so on.
It
expires at a certain
age or after a certain period of time (say, 30 years), and provides a
specific death benefit amount to your loved ones if you pass away before the term ends.