No, unlike health insurance or auto insurance, your life insurance company cannot “drop you” or cancel your life insurance policy. That goes for any reason (other than non-payment of premiums) including changes in health, providing you did not falsify or provide any intentionally misleading information on your life insurance application. On the other hand as the policyholder you may choose to stop paying premiums or cancel the policy at any time.
Disclaimer - The above description/explanation is intended as a guideline only,and is not to be interpreted as a recommendation to buy or sell any insurance products, or to provide legal or financial advice of any kind. Also, Bergen Insurance. Does not warrant or assume any legal liability or responsibility for the accuracy, completeness, or usefulness of any information, apparatus, product, or process disclosed. No reproduction or republication permitted.