Showing Tag: "when does life insurance end" (Show all posts)

When Does Life insurance End?

Posted by hadley hadley on Wednesday, June 1, 2022, In : Life Insurance FAQ's 

There are several different ways a life insurance policy may come to an end.

  • The Insured Person Dies While Policy Is In Force 
  • Term Life Policy Expires
  • You Cancel Your Policy
  • The Insurer Cancels Your Policy 


There are two basic types of life insurance: Term and Permanent.

A term life insurance policy ends when the policy term expires.

Whereas, a permanent life insurance policy lasts your entire lifetime, as long as the premiums are paid on time.

Learn more about When life insurance ends.


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When Does a Life Insurance Policy End?

Posted by hadley hadley on Thursday, June 16, 2016, In : Life Insurance FAQ's 
That depends on the type of life insurance policy you have.

There's term life insurance and permanent life insurance.

Term life ends when:

1. You stop paying the premiums for your coverage, or 

2. The "term" of your policy expires, or

3. You die during the "term" of your policy, then a death benefit is paid out to your beneficiary.

Permanent life insurance ends when:

1. You Stop paying your premiums, or

2. You die and the death benefit is paid out to your beneficiary.

Learn more about permanent (whole...
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