Which of the following life insurance policies provides coverage only until a specified age?

The correct choice provides coverage until a specified age, ensuring that the policyholder's beneficiaries will receive a death benefit if the insured dies before reaching that age limit. A Limited Pay Life policy is designed to be paid up after a set number of premium payments, often by a certain age, while still offering lifelong coverage. This means that after fulfilling the payment requirement, the policy remains in force, and no further premiums are due, providing peace of mind.

In contrast, whole life and universal life policies typically offer coverage for the entire lifetime of the insured as long as premiums are paid, and they do not terminate at a specified age. Term life insurance, while providing coverage for a specific period (e.g., 10, 20, or 30 years), does not specify an age but rather a duration in years, after which the policy expires if not renewed. Thus, Limited Pay Life policies are distinct in their provision of terminating coverage at a predetermined age.