Just got the bill for my 15 year level term life insurance policy ($300,000) renewal, and my yearly premium went from $261 to $3078.50!! I get that a new 15 year term would be at a higher rate as I am 15 years older than when I bought the first policy, but >10x higher is INSANE!! I don't have cancer, run in burning buildings for a living, or skydive while on parole--although they wouldn't know if I did, since this was their automatic renewal rate. Called several other companies for quotes and not one was more than $1000. Called Ohio National, thinking there must have been some mistake, but no; as the customer rep so helpfully explained, that is what happens when a new 15 year starts (with no apology , embarassment, or explanation as to why it would be >3x higher than any other company I called). Be forewarned--and call me a FORMER customer.