Should I Convert my Term Life Insurance Policy to Permanent Life Insurance?

Example of someone who should convert: You purchased a 20 year term policy and now you are 17 years into the policy (3 years of coverage left) and you just found out that you are pregnant and have a medical condition that will cause you not to be able to purchase another term policy. Just know that you will either have a higher premium or you will have to lower your coverage if you do convert your policy - but you won’t have to do a medical exam.

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