First, some policies let you convert term life insurance into long-term life insurance coverage. You may also have the ability to renew your policy for another term. Considering that you're renewing at an older age, your premiums may be more expensive after the extension. The expense of a term life insurance coverage policy depends upon a variety of elements.

Life insurance normally gets more pricey as you grow older. These could increase the cost or perhaps render you uninsurable.…

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