Which of the following describes when a Renewable Term Life policy can be renewed?

• A. Only at the policy's anniversary with underwriting
• B. At a predetermined date or age regardless of health
• C. Only with a new policy issued each year
• D. Never after initial term

Answer: (B)

Renewable term life is designed so you can extend coverage beyond the initial term without needing new medical evidence. The key idea is that you can renew at a set date or when you reach a specific age, and this renewal happens regardless of your health at the time. The premium the insurer charges goes up as you age, reflecting the increased risk, but you don’t have to prove you’re still in good health to keep the coverage going. This is different from needing a new policy each year, or requiring underwriting every renewal, or never being able to extend the policy.