What age do whole life and limited pay life policies reach maturity?

Whole life and limited pay life policies typically reach maturity at age 100. This means that the policy's cash value is fully paid out to the policyholder or their beneficiaries when the insured reaches this age, assuming the insurance is still in force at that time. This design reflects the general foundation of whole life insurance, which is meant to provide lifelong coverage along with a savings component that accumulates cash value over time.

At the maturity age of 100, the policyholder can access the policy's cash value or have it paid out as a death benefit if the insured has passed away. This age is a standard in the life insurance industry, as it aligns with customary actuarial tables that predict life expectancy.

It's important to note that policies maturing at different ages can vary between insurance providers and specific policy agreements, but age 100 is the industry norm for traditional whole life policies.