Comments on: New AccuQuote Podcast!! http://blog.accuquote.com/2008/11/12/new-accuquote-podcast-10/ AccuQuote blog is brought to you by AccuQuote.com, a leading provider in term life insurance for people across the U.S. This blog is dedicated to providing you with valuable information from experts on the topics of insurance, financial planning and personal finance. Thu, 12 Nov 2009 20:04:32 -0700 http://wordpress.org/?v=2.8.6 hourly 1 By: hadley http://blog.accuquote.com/2008/11/12/new-accuquote-podcast-10/comment-page-1/#comment-11792664 hadley Thu, 13 Nov 2008 15:50:09 +0000 http://blog.accuquote.com/?p=1170064#comment-11792664 Many people may be unaware of the conversion option available on their term life insurance policy, but it's one of the more important issued to consider when buying term life. Why? Because the conversion option allows for the insured to convert the policy to lifetime coverage, which may be very important, especially if you were to become uninsurable in the future. Also, there's usually a specific date stated in your term life insurance policy by which time you must convert your coverage in order to take advantage of this option. Many people may be unaware of the conversion option available on their term life insurance policy, but it’s one of the more important issued to consider when buying term life.

Why? Because the conversion option allows for the insured to convert the policy to lifetime coverage, which may be very important, especially if you were to become uninsurable in the future.

Also, there’s usually a specific date stated in your term life insurance policy by which time you must convert your coverage in order to take advantage of this option.

]]>