Better companies provide a window of time for existing policyholders to upgrade to the improved benefits with either no additional underwriting or light underwriting. Typically any extra premium needed will be based on attained age, but some companies have allowed existing clients to get the new policies at issue age with no additional underwriting. Other companies require you to apply for the new policies just like any other new policyholder. It is a good idea to ask the agent about how the company you are considering handled existing policyholders with the last policy improvements.
Posted in: Consumer