At what point does a whole life policy reach its maturity date?

A whole life insurance policy typically reaches its maturity date at age 100. This means that at this age, the policy's cash value equals the death benefit, and the insurance company will pay out the face amount of the policy if the insured is still alive. This provision effectively ensures that the policyholder does not outlive their coverage, as the policy is designed to be in force for the lifetime of the insured, which is why age 100 is significant.

In terms of other ages mentioned, they do not align with the standard terms of whole life insurance policies. For example, while age 65 or 90 may be relevant for certain retirement or payout planning considerations, they are not benchmarks for the maturity of a whole life policy. Age 110 would extend beyond the typical parameters, emphasizing the design intent of whole life insurance to provide coverage and financial benefits well within the expected lifespan. Thus, age 100 stands out as the recognized age at which the policy matures, making it the correct choice.