Convertible term - an old solution for new times?

There is an option available with some providers' term insurance policies that many clients are not aware of, or advisers have forgotten about, namely the conversion option. It could be the single best and most flexible method available to overcome the problem of enabling the client to continue their cover beyond the term of their policy, without further underwriting. Term insurance protects clients for a set period and pays out if they die or are diagnosed with a terminal illness, within the term. However, most people survive and find themselves with no cover, at a time when their ci...