when noncancellable coverage ends
disability insurance usually has an expiration date this applies even to noncancellable and guaranteed renewable policies many policies only cover until you turn 65 or 67 1 at this point the coverage either ends or you would need to pay a much higher premium to maintain disability insurance the noncancellable feature only locks in your premium until you reach this age and then costs can go up by age 65 many people no longer need life or disability insurance those who are retired or near retirement and who have saved their money for many years will no longer need the financial protection that these products provide 