If your check-up uncovers any health problems, your premium will be even higher. Convert it to a cash-value policy. Variations on cash-value insurance include whole life, universal life, and variable life. But first the insurer deducts commissions, expenses and other fees. The premiums for cash-value policies are considerably higher than for term policies.
Universal life allows the customer flexibility in choosing and changing the terms of the policy.
As long as you pay the minimum required to maintain the death benefit, you can choose how much you add to the reserve fund. Variable life gives the policy holder the choice of investing in stocks, bonds and money market funds. Civil rights and unfair business practices laws may also protect people from being discriminated against because they do not speak English. Funerals can be a major expense. You might want to spare your survivors expense and trouble by making sure your life insurance coverage is enough to pay for your funeral and burial expenses.