Are there any ART life insurance policies with conversion privilege allowing conversion to level term? 
I do n't know of any that do . That 's not to say that there is n't one . Most ` conversion ' occurs when you switch from term to permanent -LRB- most often whole life -RRB- insurance . ART is just what it stands for , an Annually Renewable Term policy . If you no longer want the policy , you would not renew it . If you want a level , fixed term , you would most likely be looking at a scenario where you may have to be REPLACING the ART with the level term . If insurability is your concern , or maybe the new contestability timeframe , your best option may be conversion to permanent coverage . 