What is the age until which premiums are typically payable in a Whole Life policy?

In a Whole Life policy, premiums are typically payable until the insured reaches age 100. This design aligns with the concept of Whole Life insurance, which is intended to provide lifetime coverage as long as the premiums are being paid. By age 100, the policy usually has accumulated sufficient cash value, and the insurer focuses on providing full benefits to the policyholder.

Whole Life insurance is characterized by its guarantee of a death benefit while also accumulating cash value that can be utilized by the policyholder during their lifetime. Once the insured reaches the age of 100, coverage continues, and the policy generally matures, meaning the insurer will pay out the policy's face value regardless of whether the insured is alive or deceased at that point.

Understanding that premiums typically extend to age 100 helps clarify the structure of Whole Life products and their lifelong nature. The other ages mentioned, such as 65, 75, and 85, reflect options that might be found in specific policy variations or different types of insurance products but do not align with the standard payment term for traditional Whole Life policies.