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The definitions contained herein are for general information only and are not designed for use in connection with the interpretation of any insurance policy or annuity policy issued through Insurance Answer Center.
Life Insurance Glossary Terms  4 A B C D E F G H I J K L M N O P Q R S T U V W Y

Renewable Term Insurance


Under this term life insurance policy provision, until the person insured reaches an advanced age as defined in the policy, the policyowner has the right to continue the insurance coverage at the end of each period specified in the contract without having to submit evidence of continued insurability to the insurance carrier.

Previous Term: Renew Next Term: Renewal Premium


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