Can I Switch Life Insurance? 
Some companies offer persons with life insurance that has been rated Standard or better , the chance to switch their Term life insurance to that company without any health requirements . Otherwise , switching coverage usually involves applying for a new policy . This can be a good thing if your original policy was overpriced , or you lost weight or quit smoking or something that would reduce the rate on a new policy , or if you wanted to lock the premium in for a longer time than your current policy did . If your current policy is a Whole or Universal Life policy , you need to contact an agent to find what would be lost by switching , or what other options exist that may be more favorable to you . 