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2. Term life insurance - Wikipedia

   en.wikipedia.org/wiki/Term_life_insurance

   A version of term insurance which is commonly purchased is annual renewable term (ART). In this form, the premium is paid for one year of coverage, but the policy is guaranteed to be able to be continued each year for a given period of years. This period varies from 10 to 30 years, or occasionally until age 95.

3. Types of life insurance - AOL

   www.aol.com/finance/types-life-insurance...

   Yearly renewable term insurance. ... The period during which you can renew is often set for a specific time frame or until a certain age, such as annually renewable to age 80 or for 10 years ...

4. Term life insurance - AOL

   www.aol.com/finance/term-life-insurance...

   A common version of this is yearly renewable term insurance. Convertible term life insurance: Lets you convert your term policy into a permanent life insurance policy without needing a new medical ...

5. Universal life insurance - Wikipedia

   en.wikipedia.org/wiki/Universal_life_insurance

   Universal life is similar in some ways to, and was developed from, whole life insurance, although the actual cost of insurance inside the UL policy is based on annually renewable term life insurance. The advantage of the universal life policy is its premium flexibility and adjustable death benefits.

6. What is short-term life insurance? - AOL

   www.aol.com/finance/short-term-life-insurance...

   Annual renewable plans fall within the term life insurance category. When applying for a term life policy, depending on the company, you may be able to request that it be structured as an annual ...

7. Automatic renewal clause - Wikipedia

   en.wikipedia.org/wiki/Automatic_Renewal_Clause

   An automatic renewal clause is used in the insurance and healthcare industries . An automatic renewal clause (also referred to as an evergreen clause), is activated towards the end of the contractual period whereby it automatically renews the terms of an agreement except when the contract is terminated (through mutual agreement or contract breach), or one of the contracting parties has sent a ...