Is life insurance purchased in 1970 still active?

Answer 1

It will depend upon several factors, not the least of which is whether premiums have been paid.

If the policy was a whole life policy (stated otherwise, permanent life insurance), and premiums had been paid for the full term due, it will be deemed to be "fully paid up" and should still be in force. Even if premium payments stopped after some number of years, the cash value that was accumulated may have been sufficient to support the policy's continued life.

If the policy was a term life policy, since no cash value accumulated, if payments stopped being made, the policy likely lapsed.

In all events, the insurer that issued the policy should be contacted, or the agent through whom it was purchased.