How long will coverage under a term policy continue?
How long coverage under a term policy will continue will depend on the type of and duration of the term policy you purchase. For example, if you purchase an annual renewable term policy your coverage may be renewed each year up to a specified maximum age limit. If you purchase a 10 year level term policy you will have coverage for 10 years. If you purchase a 10 year renewable level term policy you will have coverage for 10 years and then have the right to renew your term coverage for another 10 years.
Related Questions
- I don want to continue PIP coverage after July 1. Can I buy a tort policy even if my current no-fault policy continues past July 1?
- Do I need to re enroll in future years to continue Short Term Disability coverage?
- Wouldn’t the underlying coverage continue to respond to claims throughout the policy year?
