Term Life Insurance - Conversion Options
Term life insurance policies serve their purpose. Whether it be as short term protection or as a low-cost option, there is one VERY important thing you need to know about your policy. Is it convertible into a permanent product without going through underwriting? If you're thinking about buying life insurance for the first time and you're thinking about going with a term policy - go for it! But don't forget to think long-term. Make sure you have the appropriate options for down the road. Your future self will thank you!
