What Happens To Life Insurance When You Retire? 
Nothing happens to life insurance when you retire . You just keep on paying the premium and your coverage continues as before . If you have a paid up policy , you can just hang onto it . You might want to make some decisions about the amount of coverage you have and how much you are spending on life insurance at the time of retirement . It is best to meet with your agent to review your coverage and make wise choices about going forward . 