Can I convert my term life insurance to a permanent policy?

Yes, most term policies include a conversion privilege—one of the most valuable features available in life insurance. Conversion allows you to exchange your term policy for a permanent policy (whole life or universal life) without submitting to new medical underwriting. Your insurability at the original issue date carries over.

This matters enormously if your health has changed. If you've been diagnosed with a chronic condition, had a heart attack, or developed diabetes since your term policy was issued, you can still convert to permanent coverage that would otherwise be unavailable or prohibitively expensive.

Conversion is typically available during a specific window—often the first 10 years of a 20-year policy, or before a specified age (commonly 65 or 70). The amount you can convert may be limited to your original face amount. Premiums for the converted permanent policy are based on your age at conversion, not your original age.

If you're considering conversion, act before your health changes or the conversion window closes. Agents in our network can review your existing term policy and identify conversion options available from your carrier.