When Is Whole Life Insurance Paid Up? 
You can choose to pay Whole Life for the rest of your life , or you can choose to have it paid up at a set time . You can even choose to purchase some whole life policies with one premium , called Single Premium Whole Life . Premiums are proportionately larger , the shorter the time you choose to pay them . Shop around for a Whole Life policy that offers the options you desire , at a premium you can afford . 