Can I Extend My Term Life Insurance? 
That is a great question ! The better question though , is do you really want to ? Term policies become very expensive very quickly when you renew -LRB- or `` extend '' as you asked -RRB- them . I 'm talking in multiples more expensive per month . Unless there is a really good reason why you could n't get another term or a whole life policy to replace the one you have , I would n't advise renewing/extending the one you have . These policies are just not designed well for consumers who need more time . I hope that helps , thanks for asking ! 