Many term life plans offer the option to renew your coverage.
This is called Renewability of your policy, or may also be referred to as Renewable term life insurance.
This means you may choose to renew your term insurance for another "Term", usually up to 10 years, when your original term life policy is expiring.
Your Renewal Premium will be based on your age at the time you renew your coverage.
Learn more about extending a term life insurance policy.