At What Age Does Term Life Insurance Go Up? 
The mortality rate increases every year . That means for every year you survive , your chances of not surviving the next year are greater . If you purchased one year term insurance the price will increase every year . When you buy a ten or twenty year term policy , the premium charged for those years is level but is roughly the average you would have paid for the one year term policies . The shock is to look at the one year term rate after your guaranteed premium period expires . It can be multiples of your guaranteed premiums , and it increases every year . 