What happens to term insurance when it expires?

What happens to term insurance when it expires?

In case of demise after the policy expiry date, the Sum Assured may or may not be paid depending on the terms and conditions of the specific policy. You can renew or buy a new term insurance policy if the insurer’s rules allow; however, the new premium will depend on the age and health at the time of renewal. Aug 13, 2021

See also  How do insurance companies know if you have a pre-existing condition?