Can You Renew Term Life Insurance? 
The good news is that many policies will give you the option to renew your policy when you reach the end of the term . The bad news is that youll probably face much higher costs since age is one of key factors used to determine life insurance premiums . To renew the policy , you also may have to present evidence of insurability -LRB- thats insurance jargon meaning , take another medical exam and answer a new round of questions about your lifestyle , health status and family health history -RRB- . If youre still a fine specimen with healthy living habits , you might re-qualify at a reasonable rate . But if your health has deteriorated , you may find that its too expensive to renew your policy or you may not even re-qualify . 