Under a continuous premium whole life policy, premiums are payable until which age?

Under a continuous premium whole life policy, premiums are typically payable until the insured reaches age 100. This type of policy is designed to provide lifetime coverage, meaning that as long as premiums are paid, the policy will remain in force for the insured's entire life. When the insured turns 100, the policy usually matures and the face value is paid to the policyholder or their beneficiaries.

Continuous premium whole life policies are structured to accumulate cash value over time while ensuring coverage throughout the insured's life, which aligns with the concept of having premiums payable until the age of 100. Most insurance plans that follow this model are designed with the expectation that people will live longer and reach this age, thereby providing a productive way to safeguard against the financial consequences of death at any age prior to 100.

Other age options provided do not align with the standard practice for continuous premium whole life policies, as they would not cover the entire lifespan of the insured, failing to provide the intended lifelong financial protection.