Let's say I start buying life insurance

And a couple years later stop paying or cancel it. Will my beneficiary still get something in the end? Or do you literally have to pay on it till the day you die?

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1490wayb · 56-60, M

depends...there are 2 kinds of insurance...at your age i would not buy life insurance

Gusman · 61-69, M

If the policy in not renewed when it is due every year then it will lapse and no benefit will be paid.
Yes, you have to pay it till the day you die.

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