At What Age Does Life Insurance Go Up? 
There are some life insurance policies that go up when your age hits 5 years increments . After paying these increases a few times , you could find yourself unable to afford the premium at a time when you are most likely to need the coverage . Term life insurance usually -LRB- but not always -RRB- guarantees that the premium will stay up for a set number of years , then often jumps up in price drastically and goes up every year after that . Whole Life and Guaranteed Universal Life with a no lapse guarantee will not go up in price as long as premiums are paid in a timely manner and the policy is maintained properly . As you can see , it is very important to know the terms of each policy before you purchase it . 