It's completely dependent on the policy itself. Every policy may have different conversion provisions, so if conversion options are something that is important you, be sure to have the agent or broker you are working with CLEARLY explain the conversion options of each policy prior to purchasing it.
Depends on the policy, you'll want to look for what are the Conversion privileges for that particular policy. Some will allow you to switch to either a whole or universal life policy (varies by carrier) and some may have only certain time periods in which you can do so (for example, the first three years) in which there would be no additional underwriting requirements.
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