How Long Does It Take To Pay Off Whole Life Insurance? 
The obvious answer is your lifetime . The whole life policy is actually an endowment policy and does have a maturity date -LRB- 100-120 . -RRB- If you reach that age the company will no longer require premium payments . Permanent insurance has tremendous flexibility and if you want to quit paying at some specific age , a current policy can become paid-up for a reduced face amount . 