Can You Cancel Term Life Insurance? 
Absolutely , you can cancel your Term Life Insurance Policy . Just be aware of possible consequences . If you health has become worse , you may not be able to qualify for a policy , at least at a lower rate as when you are healthy . As you get older the rates will go up as well . Think carefully before cancelling a policy . If you are replacing this policy with another that provides more value , then be sure to wait for an approval you will accept before cancelling this . 