Will my insurance go up?

Cheaper car  insurance . Paying for  insurance  like 1500 per year right now for 2007 social?
"I'm planning to acquire a life-insurance coverage of lakhs. I have found out about this fresh insurance product- term insurance. I desired to learn its rewards and the way can it be different from life insurance. Thanks on your help. If you're able to assist me out with this when possible I would really enjoy your time and effort