robert bowman

A term life insurance policy provides coverage for a specified period—often 10, 20, or 30 years. But what happens when that term comes to an end? If your term life insurance policy is about to expire, you might be wondering what your options are and how it will affect your financial planning. In this post, we'll explain what happens when a term life insurance policy expires, what choices you have, and how to plan for this transition to ensure your family's financial security. 1. The Coverage Ends When your term life insurance policy expires, the most straightforward result is that [...]