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Life insurance is paid out upon your death. If you have whole life insurance (premium plus a savings component) perhaps there might be a time where no further premiums are required--it is paid up.

Best thing to do is to call the company and inquire as to what sort of policy you have.

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Q: Can you check with your policy number if your life insurance has matured?
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What is a matured endowment though insurance company?

A matured endowment is a life insurance policy where the current cash value has become equal to the face amount of the policy. The policy is mature. So, the insurance company issues the insured a check for the face amount (death benefit) even though the insured is still alive.

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