Can I increase my existing life insurance policy?
You cannot increase the coverage amount of your term policy, but you may be able to increase the term length by converting the policy to a permanent policy. Many insurers offer term conversion riders, which can convert your term life insurance policy to a permanent life insurance policy at the end of its term.
Can you double up on life insurance?
The short answer is yes. You can have more than one life insurance policy, and you don't have to get them from the same company.