Oscar Porter purchased a $50,000 ten-year renewable term life insurance policy. This information indicates that Mr. Porter will have the right, within specified limits, to renew his insurance coverage at the end of the ten-year term

at the same premium rate he was charged for the original ten-year term policy

after first undergoing a required medical examination

for a one-year term, but not for another ten-year term

without having to submit evidence of his insurability