What does "convertible term" mean in life insurance?

"Convertible term" refers to a feature of certain term life insurance policies that allows policyholders to convert their term insurance into a permanent life insurance policy without the need for additional medical underwriting. This option is beneficial for policyholders who may develop health issues during the term period that could make obtaining new insurance difficult or more expensive. By allowing conversion to a permanent policy, the insured holds the security of maintaining coverage even as their health status may change. This feature is particularly attractive to individuals who wish to keep their insurance but want the lifelong coverage and cash value that come with permanent policies.