Does Life Insurance Expire At A Certain Age? 
Term life insurance has a time certain period according to the contract provision , i.e. 5 , 10 , 15 , 20 or 30 years . Permanent life insurance can expire at a set age , by design , like life expectancy age 85 or at the maturity date , which can vary , i.e. age 100 to age 121 . 