What is a common premium payment period for a standard Term T-100 policy?

A standard Term T-100 policy typically has premiums that are payable until age 100. This is a key characteristic of Term T-100 policies, which are designed to provide coverage for a specified term at a level premium rate, ultimately extending until the insured reaches 100 years of age. The purpose of this arrangement is to ensure that the policy remains in force for the insured's lifetime, providing peace of mind and financial security.

Choosing a premium payment period that extends only until age 50 or age 70 would not align with the standard features of a Term T-100 policy, as these options would limit coverage before the typical longevity expectation. Having premiums payable until death, regardless of age, is also not accurate for a Term T-100 policy, as that implies an indefinite payment structure which is inconsistent with the set terms of the T-100 structure. Thus, paying premiums until age 100 aligns perfectly with the intent and functional design of this type of life insurance policy.