What is a 20 year renewable and convertible term?
What is a 20 year renewable and convertible term?
A convertible term policy starts out like a regular term life insurance policy. It’s temporary life insurance coverage with a set expiration date, such as 10, 15, 20 or 30 years. If you die within the coverage period, the policy will pay out the death benefit to your beneficiaries. Jul 9, 2021