Which term feature allows continuing coverage at the end of the term without proof of insurability?

The term feature that allows continuing coverage at the end of a policy's term without proof of insurability is known as "renewable." This feature enables policyholders to extend their insurance coverage for another term. Importantly, this renewal can occur without the need for the insured to provide any additional medical information or undergo a new underwriting process. This is particularly beneficial for individuals who may have developed health issues during the initial term, as it ensures that their coverage continues seamlessly, regardless of any changes in their health status.

For instance, a renewable term policy might last for 10 years, and as that term ends, the policyholder has the option to renew it for another term (often at a higher premium based on their age), but they do not need to prove they are still insurable as they might with other options. This characteristic makes renewable term insurance an attractive choice for those seeking long-term coverage without the hassle of reapplying or risking denial due to health changes.