If a term life policy is convertible, the insured has the option to convert it to:

Question

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The insured should convert the term policy to a permanent form of coverage. This is because term life insurance only provides coverage for a specific period of time, whereas permanent life insurance provides coverage for a lifetime. By converting to a permanent form of coverage, the insured can ensure that they have coverage for as long as they need it.

If a Term Life Policy Is Convertible, the Insured Has