What Is YRT Life Insurance? 
YRT means Yearly Renewable Term . So it 's a Term insurance good for one year and guaranteed renewable . That is up to a certain age , usually 80 years . However the premium does go up every year as dictated by the mortality table . So if a person in their 20s starts a YRT the premium may actually Not increase on the 2nd or 3rd year - or at least not more than a couple dollars . But if a person in their 40s or 50 starts a YRT you can count on the premium increasing significantly each year it is renewed . That 's just how Term works . 