What is a 5 year renewable term life insurance?

What is a 5 year renewable term life insurance?

Renewable term policies If a policy is “renewable,” that means it continues in force for an additional term or terms, up to a specified age, even if the health of the insured (or other factors) would cause him or her to be rejected if he or she applied for a new life insurance policy.

See also  How many customers does MetLife have?