shopify analytics ecommerce
tracking

Convertible Term Life Insurance

Converting Term To Permanent Insurance

Buy convertible term life insurance if you have a long term need.

How do you determine long term needs? If you have loved ones who depend on you financially you have a long term need.

You need life insurance coverage for a long period of time. If you have a business you have a long term need.

Let us be more specific.

Term life insurance is limited in that these policies do not last forever. The premiums are much lower than those of permanent policies and that is why many people buy these policies.


Compare Low Cost Term Life Insurance Rates - Save Up To 70%


Convertible Term Life Insurance - A Good Idea

It is a good idea, however, to get approved for a convertible term policy if you plan on owning life insurance for any extended period of time.

Some term policies are renewable up until age 95 without any evidence of insure-ability. This is very rare, however. In other situations it is wise to buy a term policy that you can convert at some time in the future. Why?

The reason most people buy life insurance is to protect the family. Because both parents tend to work in this present day society the children are the main concern.

We should, however, consider that after the children are out of school and on their own there may still be some need for life insurance.

If the time that you are allowed to keep your term policy expires you will have no coverage to protect your spouse.

If you have a policy that is renewable up until age 95 you will do fine otherwise you should have a policy that you can convert to permanent insurance.

If you buy your life insurance to fund a buy sell agreement in a business partnership or a corporation you may need convertible term.

If you use term insurance to protect your business in case of the death of a key employee you should also consider convertible term.

You intend to be in business for a long time, don't you? You therefore need to look far ahead with your life insurance policy.

You therefore should look at a policy that is renewable up until age 95 without evidence of insure-ability or you should get a convertible term life insurance policy.


Save On Term Life Insurance Premiums - Click Here


Home | Life Insurance Policies | Convertible Term Insurance

Copyright © 2004 - 2019 LifeInsuranceHub.Net. All Rights Reserved.

Protect Your Family With Up To $1,000,000 No Exam Term Insurance.

Tools And Resources

Life Insurance Need Calculator

Recent Articles

  1. Free Life Insurance Quote | Quality Life Insurance Quotes Free

    Let us be your guide through the process of acquiring your free life insurance quote.

    Read More

  2. 30 Year Term Life Insurance - 30 Year Term Insurance

    If you like term life insurance and need to keep it for a long time 30 year term life insurance may be perfect for you.

    Read More

  3. Life Insurance Quotes - Policy Provisions And Explanations

    Life insurance hub is a service dedicated to assisting you in understanding life insurance quotes and how to apply them to your personal life insurance needs.

    Read More

  4. Life Insurance Quote | Term Life And Whole Life Quotes

    Buyers tend to request a life insurance quote or several quotes on varying types of policies when they are in the market for life insurance. Some know exactly what type of policy they want but most...

    Read More

  5. Affordable Life Insurance Policy - Affordable Term Insurance

    If you are looking for an affordable life insurance policy look no further.

    Read More