Can I be dropped from life insurance for no reason without premiums returned? 
I can only think of two reasons that something like this could happen . One is a short-term policy with lack of payment over a significant time frame ; that does not sound valid in this case . The second , and more legitimate reason , would be what results from a universal life policy that is funded at the absolute minimum premium . This situation causes a lack of cash value accumulation due to all premium being consumed by the costs of insurance . Unfortunately , it does happen when shady agents are more concerned with making a sale than addressing client needs . Universal life plans are based on flexible premiums . To pay less than adequate premiums allows costs to overrun built-up values , and an immediate payment becomes necessary to continue coverage . Your only option , based on the facts as stated , is to purchase another policy . Before you do , ask family and friends to recommend an agent they would trust to handle their insurance needs . I am so sorry you have had to go through this experience . 