Yes, a life insurance policy can expire.

Term life plans provide temporary coverage lasting for a set period of time, usually up to a maximum period of thirty years.

However, you may be able to choose a policy duration (term) of 10, 15, 20, 25 or 30 years.

If you are alive when the term life insurance expires, the coverage ends.

You may have an option to renew your policy for another term of 10 years or less, if you still need coverage.

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