Yes, term life insurance policies do expire.

For instance, if you have a 10 year term life insurance policy, and you outlive the 10 year term, the life insurance coverage spires, you are no longer insured.

However, renewable term life insurance plans will allow you to renew the policy for another term, which may be 1 year, or longer.

In addition, convertible term life insurance policies may allow you to convert the term life insurance coverage into a permanent life insurance policy before the te...
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