Does Term Life Insurance End At A Certain Age?

Yes, usually term insurance policies end or expire at a certain age. The exact age depends on the particular term life policy, but age 85 is a common age for most term life plans to end. Term life insurance polices are often renewable and convertible. That means that they renew for a higher premium at the end of each term period which may be 10, 15, 20 or 30 years, for example. It also means that up to a specified age you can convert the term life policy to a level premium permanent life insurance plan that does not expire before you do. The permanent life insurance policy will provide you with lifetime coverage and not expire, as long as the premiums are paid. Here's how you can learn more about how a term life insurance policy works.