Guaranteed renewable term insurance allows you to renew a policy for another term without qualifying medically.

Question

Quizplus · Accepted Answer

Guaranteed renewable term insurance does allow the policy to be renewed for another term without requiring a new medical qualification process. This feature provides an extra level of security and stability for policyholders who may have experienced a change in health status during the initial term.

Guaranteed Renewable Term Insurance Allows You to Renew a Policy