Does Life Insurance End At A Certain Age? 
All life insurance has a maturity date . Term insurances expire after a set number of years . You can continue these plans with higher premiums beyond this date , but in most cases this is more expensive than it ' a worth . Whole life and Universal life policies also have a maturity date . Often this is when the person covered by the insurance turns 90 or 121 . With these policies , the cash value is then given to the owner of the policy . 