Yes, you can.
Generally, there are two types of premium in insurance policies. They are Stepped premium and Level premium.
Stepped premium will increase every year with your age, while Level premium won’t go up with age until age 65 or 70.
Stepped premium is lower than level premium initially, however it will be very high in the future. This is the reason that a lot of people cancel their insurance policies when they turn older while they need insurance most.
Level premium is initially higher than stepped premium, but it can save a lot of premium in long term and is more affordable when we are old.
If you want to keep the policy for long term, Level premium is more cost effective.
Please have a look of another question "Level premium and stepped premium, which is better?" in our FAQs.