The life cycle is a daily process of life. Each day you have different situations and events to experience, which leads to future events and the life cycle go on and on and on.
With the mind and senses, life is experienced outside in the form of situation, events, and experiences, but it’s subtle impressions forms inside. To break the life-cycle is to have an experience of your subtle life that exists inside, and move to the source of it.
When you realize the source of life-cycle in you, the process of life-cycle still continues, but you become a spectator of it. You participate but as a spectator. When you can realize the life-cycle in you, and understand the process of it, you can consciously choose to enter and exit the life-cycle. To move out of the life-cycle consciously is what defined as a moksha or liberation in the eastern religion.
There is no life, other than this world, and you understand the process of life of the existence, once you understand the process of life, that goes in you.