Can I Extend My Term Life Insurance? 
This depends on what type of policy you have . For example , there are certain polices known as Term UL policies that many companies have sold that have an extension option for the policy that will allow you to extend the term period and pay a level premium . The premiums are generally more expensive for the extension but not like a traditional term policy with increasing premiums . Check with your insurance company on the options you have . Another option that carriers make available is a term conversion . This allows you to convert part or all of your term insurance to a permanent policy without having to go through underwriting . These options vary from company to company but for some clients it can be a great option . 