There are renewable and
non-renewable types of a term life insurance — from the name itself, renewable policies enable the customer to automatically re-qualify and continue to use the policy even after the original term is finished.
Not exact matches
The main
types of Term Life Insurance are Renewable /
Non-Renewable Term Insurance, Convertible / Non-Convertible, Increasing / Decreasing
Term Insurance, Level
Term Insurance and Return
of Premium
Term Insurance.