Why Does My Life Insurance Send Me A Letter Every Year Saying The Policy Expires In 2 Years? 
It is impossible to ascertain what is going on without seeing your original policy and the letters you are getting every two years , but it sounds like you may have purchased a Universal Life policy . The maturity date may have been based on current interest rate and cost of insurance -LRB- COI -RRB- , then either the interest rate went down , or the COI went up , or both . If that is the case , then you may need to increase your premium in order for your policy to be paid up in 25 years . In fact , if you are getting letters saying it is going to expire soon , you may need to increase the premium just to keep it in effect . If you ask them for a current policy illustration , that will show you how long your policy is guaranteed to last with your current premium . It may be that you just need to pay a little extra one month to get your policy back on track . If it truly does need a large infusion of premium to keep it in effect , you will need to determine whether that is worth it . If your husband has excellent health , he may be able to find a permanent policy that is guaranteed not to lapse until the end of his life , without paying a lot more than what he is paying now . If his health has declined , and there are some guarantees in his current policy , it may work out best to just adjust what you have . 