What Is A 5 Year Term Life Insurance Policy? 
What is a 5 year term policy ? As the name suggest it is a policy that covers you for a specified amount for a specified premium for a period of 5 years . Typically the policy renews at a higher premium at the end of each 5 year period . You should check to see if the renewal is guaranteed and if so at what premium.If there is a possibility you will need permanent coverage you should check into what conversion options are available . If you are in the market for coverage , an independent agent / broker can help you find the right policy at the right price . If you have further questions , or feel that I could be of assistance , please do not hesitate to contact me . If you would like to work with a local life insurance broker , you could start with a Google search . For example , if you search for : life insurance broker Halifax or life insurance agent Halifax , my name , along with several others , will come up . You can use the same method to find a life insurance broker in your community . 