Can You Renew Term Life Insurance? 
Whether you can renew term life insurance depends on a few things . Most insurers offer guaranteed renewable term insurance up to a certain age such as 70 , 75 and in some cases 80 . That does n't mean that you can renew it at the same premium amount as you had the first time ! The premium amount is adjusted upward for every year you live . If yours is not a guaranteed renewable you may have to qualify according to your health condition as well in order to renew or buy a new policy . These are some of the reasons it 's better to buy Whole Life or convert your term to whole life while it 's available and relatively affordable . 