When Does Life Insurance Expire?
16470 POINTSview profileDavid OsgoodAgent, Rural Mutual Insurance Co., Union Grove, WIWhen you stop making your payments, you die, or you are at the end of the term for your term life insurance policy. Most whole life policies are good till the day you die as long as the premium requirements are satisfied. Term life insurance policies are typically the only policies that have an end date. If you are concerned about your policy having an expiration date contact your local agent and discuss it with them if there is an expiration date they can advise you of the products that they have to offer that may not have an expiration date.Answered on May 19, 2013flag this answer
0 POINTSContact Meview profileDavid RacichPROFountain Hills, ArizonaThere are several scenarios where life insurance could expire. In term life insurance, when the policy period has concluded without conversion to a permanent policy the policy is expired. A lapsed policy can result in an expired policy due to inadequate cash values and/or unpaid premium past the reinstatement period.Answered on May 19, 2013+01+1 this answer
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