What Is Renewable Term Life Insurance Policy & How It Works In 2022?

Having a renewable term policy sounds great, who doesn’t want a life insurance policy that’s guaranteed to renew at the end of the term?

But guess what:

A renewable term policy isn’t for everyone.

And depending on your situation, purchasing this type of coverage could be a bad decision.

This post will go over what a renewable term life insurance policy is, how they work, and who would actually need one.

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