SelectQuote will alert you several months before your guaranteed rate period ends. Technically, your coverage won't stop if you pass the end of your Term, but your premiums will probably become significantly higher and will increase each year thereafter.

For most people, canceling at the end of their Term is advantageous. That's because they can qualify for a new policy with a guaranteed level rate that is lower than the rising rates in their old policy.

A SelectQuote Licensed Agent will answer all your questions and advise you on the best course of action for you.

<< Back