At What Age Does Life Insurance Expire? 
It really depends on the type of life insurance policy you have . On term life policies they have a guaranteed level premium for a certain period . Most common are 10-20-30 years . The policy does not necessarily expire on the date but the premiums will increase about ten fold . On cash value plans such as whole life or universal life , they really do n't expire but rather endow . This means the cash value now exceeds the face amount . When purchasing these plans a good agent will set up the `` target '' premium to endow at your chosen age . Some companies will allow you to endow at age 150 . The short answer is you decide the `` expiration '' date . 