Does Life Insurance End At A Certain Age? 
All policies end when death occurs . If the policy is in force at the time of death , the policy will pay the face amount at that time . When you purchase Term Life Insurance , you decide at that time when you want your coverage to end . It corresponds with the number of years in your Term policy . As a rule , the older you are when the policy ends , the higher the premium will be . But you also have to consider that , if you want to purchase a new policy after this one ends , the price on the new policy will be much higher , or you may not be able to qualify for the amount of coverage that you want at that time . So locking in the premium for a long period of time while you are healthy is a good idea , if you need the coverage for a long period of time . Permanent life insurance ends when the policy matures , at which time you can take the face amount in cash . But most people choose to keep the policy in effect beyond that , until death . 