If you have a fixed level term life plan, then your premiums will remain the same each year for the entire duration of your policy term. This may be for a term of 10, 15, 20, 25 or 30 years.
If you outlive the term, your policy expires.
If you have a term life to 70 policy, your premiums may remain the same for the first 20 years, then increase annually after that until you reach 70 years old.
Find out more about do term life premiums increase?