What Happens To My Life Insurance When I Retire? 
This is a broad inquiry . Retirement , in and of itself , has no direct correlation to a retirement plan , unless its in the retirement plan like 412i , 419 DBO or in 401k plans with contribution limitations . If the life insurance is a term or permanent insurance policy and the financial liabilities or economic exposure has ceased , then the coverage may be deemed useless and summarily surrendered . If the life insurance policy is a term or permanent policy and necessary to indemnify against economic loss for the beneficiaries then coverage should continue . If the life insurance is a permanent cash value designed for supplemental income , you may want to take income from it first and defer the distributions of your qualified retirement account until 70 1/2 . 