Does Term Life Insurance Run Out? 
Yes , usually term life insurance policies run out or expire at a certain age , age 85 for example . The reason it is usually not always is that there is coverage called Term 100 , which covers you to age 100 as the name suggests . Typically policies renew at a higher premium at the end of each term 5 , 10 , 20 or 30 for example and then expire as stated at say age 85 . Most are convertible to a level premium permanent insurance plan prior to a stated age . An independent life insurance broker , representing several companies , can help you get the right policy at the right price . If you have further questions , or feel that I could be of assistance , please do not hesitate to contact me . 