Exam term

Convertible

A term policy feature letting the owner exchange the term coverage for a permanent policy without evidence of insurability, within limits stated in the contract.

Lessons that use this term

Term, whole, universal, and variable life policy classes California
Term product types California
Term life renewability and convertibility features New York
Combination and survivorship life plans New York
Term, other-insured, and long-term-care riders New York
Term life insurance types Texas