Term life insurance can be renewable without providing what?

Term life insurance can often be renewed without the need for evidence of insurability. This feature is particularly beneficial for policyholders because it allows them to renew their coverage even if their health has deteriorated since the original policy was taken out. Evidence of insurability typically requires a new medical examination or the submission of health information, which can be a barrier for people with existing health issues when seeking new life insurance coverage.

In the context of term life insurance, the ability to renew the policy without having to provide such evidence ensures that individuals can maintain their life insurance protection without the anxiety of potentially being denied based on their current health status. This aspect of term life insurance provides peace of mind and a sense of financial security for policyholders as they age or encounter health challenges.