Can I be dropped from life insurance for no reason without premiums returned? 
This sounds like you may have purchased a whole life or universal life insurance policy that the agent may have funded as a `` minimum '' premium possibly just to make a sale . When the premium is under funded at minimum it can cause the policy to lapse within just a few years . There is no refund because the premiums were used to pay for the actual cost of insurance . This is a shady practice and fortunately agents that do this do n't last very long in our industry . It could be something different , but what you are describing sure sounds like that is what happened . You will need to purchase a new life insurance policy now . Be sure and ask family , friends and co workers for referrals of trusted advisors to avoid these types of agents again . I am sorry . 