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

Asked a year ago
Yes, Guardian Life Insurance allows you to convert your term life insurance policy into a permanent policy. Converting your policy gives you the flexibility to adapt your coverage to changing needs without undergoing additional medical underwriting. However, it is important to note that there may be certain conditions and limitations for conversion, such as a specific conversion period or age restrictions. In addition, the premium for a permanent policy will be higher than what you were paying for your term life insurance. It is advisable to review the terms of your policy and consult with a financial advisor or representative from Guardian Life Insurance to understand the conversion process thoroughly and make an informed decision based on your individual circumstances.
Jeff Whelpley is the editor / author responsible for this content.
Answered May 3, 2024

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