Interest-sensitive whole life insurance provides a guaranteed death benefit until what age?

Interest-sensitive whole life insurance, also known as current assumption whole life insurance, is designed to provide a guaranteed death benefit and cash value accumulation. This type of policy allows for the cash value to accumulate based on a current interest rate that can change over time, reflecting the economic environment.

The guaranteed death benefit typically remains until the insured reaches age 100. This age is important because if the insured survives to this age, the policy structure usually dictates that the accumulated benefits are paid out, ensuring that there is no risk of outliving the policy. The death benefit remains guaranteed throughout the policyholder’s lifetime, thereby providing security and peace of mind.

In contrast, the other age options, such as 90, 70, or 65, do not correctly represent the standard timeframe for the guaranteed death benefit for interest-sensitive whole life insurance.