What Happens At The End Of Term Life Insurance? 
Depending on the type of term policy purchased 3 common outcomes are : -LRB- 1 -RRB- coverage ends with no options for coverage . -LRB- 2 -RRB- Option offered to convert to a whole life policy without any proof of insurability required . -LRB- 3 -RRB- Option for a policy to extend to another age or date with a premium adjustment each year ... 