Francesca Brown has a life insurance policy that provides her with protection for the next five years.However,she can get five more years of protection at the end of this term without having to have a medical examination because she will be less than 70 years old at that time.Her premiums will rise during each five-year period.What type of term life insurance does Francesca likely have?

Question

Quizplus · Accepted Answer

Francesca's policy is likely a Renewable term life insurance, as it allows her to renew her policy for additional terms without a medical examination, although her premiums may increase with each renewal.

Francesca Brown Has a Life Insurance Policy That Provides Her